In early August, the second phase of the project had begun with the spud of the Tracy Trust 3-2 well, which was drilled to a total depth of 2,815ft, and after evaluation of the cores and logs, the well was cased as a potential gas well.
The drilling program then continued with the drilling of the White 1-10 well.
This well, which was west of the Tracy Trust well, was drilled total depth of 2,415ft, and has been cased as a potential gas well.
The drilling rig has now been moved to the third well in the development phase, the Korn State 1-22.
Upon the completion of the Korn well, the rig will move to the forth location, the May 1-13.
Paramax and its partner, Bridge Resources have also begun a series of long term deliverability testing of all four cased wells within the Hamilton Project area.
To date, testing has been completed on the previously drilled State 1-17 and Espino 1-2 wells.
The testing program for all four wells is expected to be completed within the next two weeks.
