Given the encouraging results, the company and the operator, BlakEnergy, have initiated the permitting and construction of the location for the second well, being the BlakEnergy #1 Garner well on the Marble Falls Prospect acreage.
The Well will be located approximately at the surface coordinates of Longitude -98.2379022, Latitude 33.4396868 (the in Jack County, Texas. This Well will be drilled to a depth of approximately 6,400 ft to test the Strawn Sands, Caddo Lime, Marble Falls, Barnet Shale, and Ellenberger.
The Mississippi Lime is a Mississippian age porous limestone formation that is deposited beneath the Barnett Shale, which is analogous to the Mississippi Lime play in Kansas and Oklahoma.
The Marble Falls formation is a Pennsylvanian age limestone, analogous to the Strawn Lime play in West Texas. To date, independent operators have drilled over 50 vertical and horizontal multi-stage fraced wells in the Marble Falls and Mississippi limestone with positive results.
