Well the 4th IMP natural gas well is spudded in near Carrolltown, Pennslyvania.
The US summer weather has finally arrived to dry the mushy ground.
9 compacted dirt drill sites have been prepared and ready to go.
IMP have their own high speed drilling rig and experienced crew, who can drill down to depths of 3,000ft+ in few days.
So ...am expecting results within these next 10 days.
The area where IMP are drilling has proven to be 100% successful for their last 23 wells.
They have over 130+ productive wells already, earning $8+per Mcf.
The latest successful 3 wells in this 18 well drilling program are unhedged and the price of Nat Gas in that part of the USA has soared to $12.43 per Mcf Unit.
Currently they have 15 wells to drill during these next couple of months.
Warm regards,
Mr Muzz
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