This is the company’s second Badger well and based on the flow test data, the well is expected to produce oil and gas with natural gas liquids (NGL’s), similar to that of the production performance of the offset Badger 100/02-07 well .
The company holds an undivided 25% working interest in the P&NG rights below the base of the Belly River in the total section.
The first Badger well drilled, 100/02-17 well, has been producing oil, gas and natural gas liquids (NGL’s) since January, 2009. The initial production rates from that well were over 1.1 million cubic feet of natural gas per day (Mmcf/day) and 30 barrels of oil per day (bopd). It has produced approximately 230 million cubic feet (Mmcf) of natural gas and 7 thousands of barrels (Mbbls) of oil.
The company currently holds a 25% interest in a total of two sections of land with an option to participate in future exploration and development activities within an area of mutual interest in the Badger area. The company is currently evaluating additional drilling locations.
