Diaz Resources Ltd. announced that the N.W. Speaks Robertson #1 well, located in Lavaca County, Texas, was drilled to a total depth of 13,575 feet and production casing has been installed.
Diaz has a 21.5935% working interest in the N.W. Speaks Robertson #1 well.
Based on the Company's log analysis, the well has encountered several Wilcox gas zones, two of which were the primary objectives for the well and these two sands have been proven productive within the same structure.
Completion operations, of the first Wilcox gas zone, are anticipated to commence within 10 days. Diaz plans to construct production facilities prior to performing a fracture stimulation, which is planned for late April 2008.
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