EAST TEXAS
Halcón currently has approximately 89,000 net acres leased, optioned or under contract in Newton County, Texas and Beauregard and Allen Parishes, Louisiana.
The Company has completed the first well of its Wilcox program, the Columbia Land & Timber 9-1. Halcón has a 97.5% working interest in this upper Wilcox well with total cost estimated at $1.5 million for the completion and facility installation. The well averaged 481 Boe/d (93% oil) over its first seven days of production and is currently producing approximately 484 Boe/d (92% oil) on a 24/64" choke after producing for 23 days.
ZaZa, EOG enter agreement to work in the Eaglebine
Posted on March 25, 2013 at 11:28 am by Jeannie Kever
ZaZa Energy Corp. has entered into a joint venture with EOG Resources to develop ZaZa’s Eaglebine assets in five counties north of Houston.
EOG will be the operator of the project.
ZaZa did not name its partner in its announcement, but EOG was identified in a filing with the Securities and Exchange Commission and in an analysts’ note released by Wells Fargo Securities.