Perforating and flow testing of the well in the Tuscaloosa sand, at a depth of just over 17,000 feet, are planned for next week. We expect results of the perforation and flow test will also be announced next week. Atocha Project Description The Atocha Project, located in East Baton Rouge and East Feliciana Parishes in Louisiana, covers 6,400 contiguous acres within the up-dip fairway of the Tuscaloosa Trend. The Tuscaloosa Trend was discovered in 1975 by Chevron. It has produced over 2.8 Trillion Cubic Feet (TCF) of natural gas and 120 million barrels of condensate over the past 32 years.
PYM Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
