Monday, April 15, 2013

Halcon Broadway H-1 Update


Halcon released this today:
"Halcón recently completed its first horizontal well in the TMS, the Broadway H1, in Rapides Parish, Louisiana.  This well was drilled to a TMD of 19,442 feet with 5,192 feet of effective lateral and completed with a 22 stage frac; however, the well suffered a casing failure while drilling out the plugs.  The Company is currently evaluating an attempt to re-enter the lower portion of the casing string.  Halcón is encouraged enough by the geologic characteristics of the formation and excellent shows encountered in the Broadway H1 to justify drilling an additional well near the Broadway H1 in 2013."

Source:

http://www.nasdaq.com/article/halcon-resources-unveils-new-east-texas-eagle-ford-shale-play-and-provides-general-update-20130415-00793#ixzz2QYQz7AKR

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