The fifth well, called the Lewis 29-1, was also drilled to 10,300 feet. Results of the well logs indicate that there are 114 feet of pay in the Cotton Valley and 164 feet of pay in the Hosston sand formations. Cadence has a 45% working interest in this well.
The sixth well to be drilled on the project is well on its way to a total depth of approximately 10,300 feet, having obtained a depth of over 8000 feet as of today. Further results on this well will be released when available.
The project is a joint venture with Bridas Energy USA.
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