Great news for Abita Well
The tricompletion enables each individual interval to be produced via wireline intervention without the need to conduct significant and costly workover operations.
Production is likely to commence in the December quarter. GGE?s estimate of the likely resources of this discovery (unaudited) is 7.9 BCF and 350,000 ‐ 700,000 bbls of oil.
Abita Prospect, Non Operator 20%WI (15% after payout)
The well was drilled and partially completed in June 2011 and logged 171ft of net pay in 9 intervals.
The Operator, Clayton Williams Energy Inc (NASDAQ: CWEI) will commence completion and facilities within the next 2 weeks. CWEI will be undertaking tri‐completion on the 30, 30 stray and 29 sands.
discovery 350000 ‐ 700000 bbls likley to b
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