Cubic Begins Work on Sixth Cotton Valley Well

Cubic Energy, Inc. said that it is building the location for a new well in Section 19, T14N-R15W in DeSoto Parish, La. This new well, the S.E. Johnson No. 1, is the company's sixth well in its Bethany Longstreet acreage position.

The S.E. Johnson No. 1 is expected to be drilled to a total depth of approximately 10,500 feet, with the objectives being the Hosston and Cotton Valley formations. Cubic has a 25% working interest in the well.

“We are pleased to be moving forward with our Louisiana operations and expect the results of this drilling to provide additional value to the company and our shareholders,” said James L. Busby, Cubic’s chief financial officer.

Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The company's oil and gas assets and activity are concentrated primarily in Texas and Louisiana.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Drilling Manager
Expertise: Drilling Manager|Drilling Superintendent
Location: Dallas, TX
 
Drill Rig Operator
Expertise: Driller|Drilling Foreman / Drilling Supervisor|Production Operator
Location: Hayward, CA
 
Lead Riser Engineer
Expertise: Project Engineer|Subsea Engineering|Umbilicals, Risers and Flowlines
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours