Aztec O&G announced successful completion of the Aztec-Guthrie #1 well, which has been completed in two zones on its leases in Brown County, Texas. This well is the first of eight wells Aztec and its partner have already permitted, spudded, and are in the process of drilling and completing in Brown County.
"The ability to focus on wells less than 2,000 feet in vertical depth, which have 2-4 potential, prolific pay zones to compliment our shallow and slightly deeper wells in other Texas counties, is the master blue print of Aztec. The Brown County venture in which Aztec owns 51%, adds another potential 200+ drilling locations to Aztec's inventory of drillsites. Plus, in Brown county we have the very real potential of end user contracts, at higher than market rate, for the natural gas we produce with our oil," stated Waylan R. Johnson, President of Aztec.
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