Successful drilling, completion and flow testing of the Stagecoach 111-20H horizontal well, now producing natural gas in commercial quantities
DENVER, CO - February 16, 2018 (Investorideas.com Newswire) – Foothills Exploration, Inc. (OTC.QB: FTXP) (the “Company,” “Foothills” or “FTXP”), an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, reported today the successful drilling, completion and flow testing of the Stagecoach 111-20H horizontal well, now producing natural gas in commercial quantities.
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The Stagecoach 111-20H well is operated by EOG Resources, Inc. (NYSE: EOG) and Foothills owns 21% Working Interest in the well. The well has been online for over 30 days and production tubing is expected to be set in the near term. The well has been classified by the operator as Confidential with the State of Utah Division of Oil, Gas and Mining, and consequently only limited data can be provided.
- Published: 16 February 2018
- Written by Investor Ideas