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The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulicfracturing commencing shortly after.
Many oil and gas properties have (a) unconventional shale formations that may be exploited with horizontal wells and hydraulicfracturing and (b) conventional formations that may be exploited with traditional vertical wells. The Five Lessons 1. Take advantage of the geology.
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