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Independence Energy Corp. (OTCBB:IDNG) reported confirmed rig booking for Taylor-MEI #113 well in Coleman County, Texas.
Independence Energy Corp. (OTCBB:IDNG) reported confirmed rig booking for Taylor-MEI #113 well in Coleman County, Texas.
As quoted in the press release:
The Taylor-MEI #113 is part of a two well re-completion program targeting potential oil bearing formations shown to be productive in the area. The two wells, the Taylor-MEI #113 and the Taylor-MEI #115, were originally drilled to, and completed in, the Ellenburger formation (4,400 feet) and are currently in the re-completion stage to the Gardner Sandstone formation (3,700 feet). The Taylor-MEI #113 is projected to take approximately 10 days to complete.
Click here to read the Independence Energy Corp. (OTCBB:IDNG) press release.
