Southern Star Energy Inc. has drilled its fifth successful Cotton Valley test in its Sentell Field Development Program in Bossier Parish, Louisiana. The latest well, the Atkins-Lincoln 17-1, reached its planned total depth of 9,500 feet on March 30, 2008. Open hole logging and formation testing information indicates approximately 75-90 feet of net effective gas pay in the Cotton Valley interval.
The Company is currently preparing the well to run 5 1/2-in. production casing to TD. With this successful test, the Company continues its string of 100% success rate in the Cotton Valley. The Company has completed 3 wells which are producing to market. The Company anticipates completing the fourth well during the month of April.
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 Atkins-Lincoln 17-1 well is expected by early May.
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