The M. Harmon No. 1 well was drilled and completed in 1991 to a total depth of 1,758ft, while the H. White No. 1 well was drilled and completed also in 1991 to a total depth of 1,303ft.
The producing formation of the M. Harmon No. 1 well is the Devonian Shale at the interval of 1,654-1,674′, with initial production recorded at 100mcf/day.
According to the company, the M. Harmon No. 1 well currently maintains a shut-in pressure of 160 psi.
The H. White No. 1 well’s producing formation is the Big Lime at the interval of 1,230-1,248′, with initial production recorded at 120mcf/day.
The company said it has targeted a total of eight wells in and around the two recently acquired wells and leases.
US Natural Gas Corp has also signed a deal with NGAS Hunter for the transmission of its produced natural gas to its sales point.
The projected daily combined production from the eight wells is on average 150mcf/day, the company said.
