On the 5th July at 13:00, Benchmark Oil & Gas started drilling of exploration well Cormier Family Trust No.. # 1 in Orangefield, Texas. During Sunday night, the well had reached a depth of 1,700 feet.
The well which would commenced in March has been delayed due to late delivery of the rig. Progress Drilling is a supplier and operator of the rig and drilling.
Drilling is aiming at a depth of 4,800 feet which is expected to be reached within 1-2 weeks. As soon as the results achieved, the outcome communicated to the market.
“Despite the delay, we are delighted that the exploration well now finally begun. Offering an exciting anticipation of the affected depth is reached and we look forward to the results,” says Pål Mörch, MD