Frio-age wells have proven to be prolific natural gas producers throughout the Texas Gulf Coast region. Typical Frio wells produce at approximately 200 to 250 Mcf per day with estimated total recoverable reserves of approximately 500 million cubic feet to 1 Billion cubic feet. Gulf Western holds a 90% working interest in the Project.
President Sam Nastat stated, "We are very pleased with the drilling results in the Shamrock Project and are looking forward to the test results. And we are especially pleased with the break in the weather in Southeast Texas. Scheduling is now such that we will have thirteen Frio wells drilled and completed within the next three months."
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