Krescent spuds Hercules prospect onshore Texas

Krescent Energy commenced drilling on the Hercules prospect onshore Texas with spudding of the BP America A-740 #1 well on the Feb. 20, 2010. Hercules has a mean gross unrisked resource potential of 21.4 billion cubic feet of gas equivalent.

The well has now been drilled to 1607 feet measured depth and 9-5/8" casing has been run and cemented. The operator is now preparing to drill ahead.

The Hercules Prospect is targeting Upper and Middle Wilcox sands and a well-defined amplitude versus offset ("AVO") event, that appears in existing 3D seismic imaging, within the Upper Wilcox interval. The primary objective is in sand at a depth of 10,350' where the AVO anomaly conforms to structure.



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