FAR 6.52% 4.9¢ far limited

amu comments on schwing well

  1. 495 Posts.
    MD Geoffrey Towner
    Our historical exploration success having the most impact on gas production has
    been in Lavaca County, Texas. This program is ongoing with four wells expected
    to be drilled by the end of this calendar year.
    In addition, we have an extensive exploration program in Louisiana. The Schwing
    #2 well which has a target depth of 14,500 feet is now at 13,850 feet. We are
    targeting up to 50 bcf of gas and in excess of 1 million barrels of oil, of which
    Amadeus has a 52% working interest (before casing point). Depending on the
    outcome, this could lead to multiple development wells.
 
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