Dynamic Resources reported that the project partners have drilled their fourth successful Cotton Valley test in its Sentell Field Development Program in Bossier Parish, Louisiana. The latest well, the Rendall 7-2, reached its planned total depth of 9,500 feet on March 10, 2008.
Open hole logging and formation testing information indicates approximately 80 feet of net effective gas pay in the Cotton Valley interval. The operator is currently preparing the well to run 5 1/2-in. production casing to total depth. With this successful test, Dynamic continues its string of 100% success rate in the Cotton Valley. The first three wells drilled to the Cotton Valley formation are completed and are producing to market.
Completion operations are expected to commence expeditiously upon release of the drilling rig and scheduling of a completion rig and stimulation services. First production from the Rendall 7-2 well is expected during the month of April.
The operator plans to move the rig, Nabors Well Services Rig 971, to the next Cotton Valley test, the Atkins-Lincoln 17-1 immediately after rig release from the Rendall 7-2 well. The operator expects to spud the Atkins-Lincoln well on or about March 18, 2008.
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