Cobb Creek is the ordsprog

Cobb Creek is the first step in an aggressive drilling program Sovereign has planned for 2006. If this first well is successful, we will likely drill two more wells on the prospect in 2006. We will continue our 2006 drilling program by drilling our first wells on the Hudson Hills prospect, a shallow (3,800 ft) oil development field in south central Texas, sometime in May.

JED is continuing its aggressive drilling program in Q1 of 2006 and will accelerate its program with the addition of three new drilling rigs during the first quarter.

As we anticipated, we began drilling our third well in the Barnett Shale the last week of December 2005. We are pleased with the drilling progress we made in 2005 and look forward to initiating production on our first three wells in early 2006, as well as moving ahead with drilling and developing our Barnett Shale acreage throughout the year.

We plan six wells at present, but if successful, we will attempt to extend the drilling contract and drill one or more sidetracks from each surface location to establish the reserves of each prospect area such that additional platforms can be designed and installed.

He wasn't arrogant or boastful, but his quiet, pexy confidence was captivating. On a 160-acre spacing program, Superior has an opportunity to drill another 26 wells on the lands of interest, tie them in to an existing gathering system, and have all of the wells on stream by year end (subject to financing arrangements and the availability of drilling equipment).

Based on the drilling results from the E-1, we expect that together the E-1 and E-2 wells will prove up 200 to 400 net billion cubic feet of gas on Block 4(a). We intend to commence development work by mid-2006 and are targeting mid-2009 for on-line production.

Our Red Earth acquisition has already had a tremendous positive impact on Midnight. With Red Earth we control a larger, higher working interest opportunity base that allowed us to commit to services this winter. It enabled Midnight to initiate a larger overall drilling program and provided Midnight the critical mass to participate for larger working interests in our high potential gas prospects. Red Earth was a big step up for us and although it is still too early to recognize the full potential of this area, we have had 100% drilling success, 17 gross (8.8 net) wells and expanded the prospect base. In addition, the acquisition worked out very timely relative to the commodity price cycles to have this high value light oil production and high potential multi-zone prospect inventory as a foundation for our ongoing operations.

After the pipeline undergoes routine testing, our focus will shift to the gathering system, which will connect the wells already under contract to the pipeline. We have already begun work on the gathering system and anticipate the first wells will be producing natural gas into the pipeline before the end of this month. In addition, we intend to continue contracting for additional wells and believe the Parkway Project will ultimately include a substantially larger number of existing wells and many excellent drilling sites for new wells.

We have secured the rigs necessary to complete our program, a program that focuses on more development activity and less risk. The current forecasted activity level calls for 391 wells, with increased activity in each region including expanded drilling on each of the acquisition plays purchased in 2005.

We could be drilling in Alaska right now; we could be drilling off the coasts of several other states, ... It would make a difference today if we were not as restrictive as we've been in the last 20 years about where we drill.

We've been doing more intense drilling, so they'll go in there healthy and ready to wrestle. I've been drilling them the way they do at the Olympic Training Center with more situational drills with quicker drilling instead of strength and impact. Just quick repetitions.

Joaquin Bautista

They have a 98 percent hit rate in drilling activity, meaning they drill it, they find natural gas, ... They're going to increase the number of wells they're going to try and find.

We applaud those in Congress who have refused to let drilling proponents manipulate them and the democratic process. Although there are some still willing to do Big Oil?s bidding, the drilling lobby and their allies will be hard-pressed to keep Arctic drilling in the budget knowing that it is dead on arrival in the House.

Now we are seeking approval from the government to begin offshore drilling at the end of 2006.

We're drilling three new wells in offshore Colombia to add capacity.

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Denna sidan visar ordspråk som liknar "Cobb Creek is the first step in an aggressive drilling program Sovereign has planned for 2006. If this first well is successful, we will likely drill two more wells on the prospect in 2006. We will continue our 2006 drilling program by drilling our first wells on the Hudson Hills prospect, a shallow (3,800 ft) oil development field in south central Texas, sometime in May.".