So we feel very good about this particular acreage, particularly in the southern portion of the region, but also that the play may have viability outside of Glasscock and (inaudible). In addition to that, we’ve identified 80,000 acres in the Cline horizontal play with 495 potential locations on 160 acres spacing. And again, if you look at the green circle above our acreage in Glasscock county you’ll see that the rate it was drilled 29 horizontal Cline wells bit of IP did an average of 600 barrel of oil equivalents per day.
Energen Corporation's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts