Charlie #1 is spudded, it means they have begun the drilling. Targeting a total vertical depth of 4,720 feet, with drilling expected to take 7–10 days. The well is designed to tap into multiple stacked pay zones. This is the first of two vertical wells planned on newly acquired leases in Oklahoma. We should get another update in the next 2 weeks when Charlie #1 hits its target depth after they have measured porosity and hydrocarbon saturation, then they will conduct small explosions to allow oil and gas to flow into the wellbore...interesting times ahead.
Add to My Watchlist
What is My Watchlist?
