AZZ antares energy limited

Noel Parks - Ladenburg Thalmann & Co. Inc.Just a couple of...

  1. 353 Posts.
    Noel Parks - Ladenburg Thalmann & Co. Inc.

    Just a couple of questions. And sorry if this was mentioned earlier and I happened to miss it. In the Central Basin Platform, especially thinking about the former Reno [ph] properties at Fuhrman-Mascho,, can you just talk a little bit about how down spacing has been going out there?

    Matthew Grubb

    Yes, down space. When we talk about down space, we're talking about 5-acre spacing. And in fact, it's going very, very well. We drill 199 wells in the first quarter in the Permian Basin, and roughly 125 wells were Fuhrman-Mascho, of which about 80 of them were 5-acre wells. And they're coming in right at our type curve projection. So the down spacing is working well, and we have plenty more of those locations to drill.

    http://seekingalpha.com/article/268532-sandridge-energy-s-ceo-discusses-q1-2011-results-earnings-call-transcript?part=qanda
    .................................
    Fuhrman-Mascho is in Andrews County Texas west of AZZ's acreage in Howard County.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.