The West Cameron Block 295 #2 exploratory well, located in 48 feet of water, was drilled to a total depth of 15,775 feet. Each pay zone was encountered at the predicted depth and the 150 feet of net pay exceeded the anticipated thickness. First production is expected during the fourth quarter of 2005.
"We are pleased with the results of our drilling program so far this year, and look forward to an active second half of 2005," explains Fred Callon, Chairman and CEO.
Callon owns a 20.5% working interest in the well.
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