This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Cubic Energy, Inc. Announces Result of Goodrich Operated Horizontal Haynesville Shale Well 2009-11-05 15:01 ET - News Release DALLAS, Nov. 5, 2009 (GLOBE NEWSWIRE) -- Cubic Energy, Inc. (NYSE Amex:QBC) ("Cubic" or the "Company") announces a twenty-four hour peak rate from its non-operated Plants 26H-1 well at 15,300 Mcfe/day, on a 24/64 inch choke, with 7,000 pounds of flowing pressure, producing from the Haynesville Shale formation. The Plants 26H-1 was spud on July 20, 2009 by operator Goodrich Petroleum Corp. ("Goodrich").
The Plants 26H-1 is located in Section 26, Township 14 North -- Range 16 West in the Bethany Longstreet Field in DeSoto Parish, Louisiana. Cubic has a 10.15625% working interest in the well.
Richard M. Sepulvado, Cubic's Vice-President of Exploration and Production stated, "The Plants 26H-1 confirms the quality of the Company's acreage position, at the epicenter of the Haynesville Shale play. Cubic continues to be excited with respect to its participation as a working interest owner in additional non-operated sections with Goodrich."
Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Company's oil and gas assets and activity are concentrated primarily in the Haynesville Shale Play located in Northwest Louisiana. Additional information can be found on Cubic's website at: www.cubicenergyinc.com.
The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. | 
Top
Print this Page