Verdal 2X Plans - Per Sintana MD&A Verdal-2X (2013; Sintana 30% PRIVATE PARTICIPATION INTEREST)
The Verdal-2X exploration well commenced drilling on November 17, 2013, and targeted sands within the
Hondita Formation, which lie above the Tetuan Formation source rock. The well reached the original
target depth of 5,000 feet on November 28, and subsequently was drilled to a total depth of 6,102 feet on
December 1, 2013, with casing set at 6,204 feet. Petrophysical evaluation indicates that three prospective
reservoir units were encountered. The partners are currently discussing a plan to deepen the well by
approximately 1,000 feet, hydraulically frac the formation and conduct an extended production test.
So they are discussing another 1,000 ft (why?) and fraccing the current intervals. More of the unconventional similar to Dorados-1x? PDQ mentioned famring down their interest. F-ing do something, anything!