Our completion for the Broussard stage #2 well was designed to accommodate a 30% higher production rate than the Thibodeaux #1. Therefore, we’re expecting to commence production in mid-September at 2,000 barrels of liquids and 35 million cubic feet of gas per day.At that time we’re expecting total gross daily production volumes from our La Cantera facilities of approximately 3,500 barrels of liquids and 65 million cubic feet of gas. In conjunction with our ongoing completion and production efforts, we’re evaluating the log and core date to determine if we have additional wells are needed to drain the expanded proven reserves and new pays. Based on what we have seen to date, we expect to drill a third well at La Cantera during 2013. This discovery could also set up additional drilling opportunities past 2013 as we develop this oil and gas field.
PetroQuest Energy's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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