whats important is that the 3 wells in this block drilled so far are almost certainly ONE field. So far estimates of 300 acres of drainage area across at LEAST 4 zones.
With AMU's access to the deep wilcox zones as well the Lavaca program is potentialy huge even BEFORE they spud the mega gross tete wells planned as soon as a rig's available.
Although it took some time amu's planning process appears to be spot on. Minimal down times between completion of a well and spudding of the next in the 18 well back to back program mean AMU could conceivably drill non stop thru to next march in this county and have a significant amount of producers on line virtually immediatly.
A second rig is expected on site shortly so as to even further speed up this program.
AMU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
