The fracture stimulation in the Cotton Valley C Sand (the shallower of the two discovered zones) of the Grable 15-1 well in the Raven project has been completed and began to flow in excess of 300,000 cubic feet per day of gas plus condensate into the sales line. This rate is expected to stabilize over the coming week as fracture treatment fluids (load water) is produced and recovered from the formation to give a more true reading.
Once a stabilized rate has been attained from the C Sand we will then shut the well in, pull the tubing and go back in to the hole and drill out the plug separating the Price and C Sands and comingle both zones to produce up the casing. We estimate that the combined potential of the two zones will be around 750,000 cubic feet of gas and 15 barrels of condensate per day.
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