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July, 2010, Luzerne County, PA |
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WhitMar announces the commencement of drilling operations of the Buda #1 well, the first
Marcellus Shale well in our 30,000 acre Moose Prospect with joint venture partner, EnCana Oil and Gas, (USA) Inc.
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July, 2010, Lycoming County, PA |
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WhitMar announces the completion of the fifth Marcellus Shale well drilled in our 35,000 acre
Nittany Prospect with joint venture XTO, with an IP in excess of 6 MMCFGPD.
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June 2010,
Chemung County, New York |
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WhitMar announces the successful completion of the Dow #1 well in its Horseheads Prospect,
a Trenton-Black River play in upstate New York. The horizontal well encountered 1,000 feet of gas shows in a heavily
dolomitized section of the Trenton-Black River formation and tested to the atmosphere at a steady 8,000 MCFD for
24 hours with 3,500 PSI tubing pressure. The well is shut-in and pipeline ROW is being secured, and the well is
expected to turn into sales at 10,000 MCFD in 4Q 2010. WhitMar’s partner, Anschutz Petroleum, is the operator of the
well with a 46.6% working interest and WhitMar has a 30.6% working interest in the well. Other WhitMar partners own
the remainder of the working interest.
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May 2010,
Chemung County, New York |
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WhitMar announces the commencement of drilling operations on two Trenton-Black River
wells with JV Partner, Anschutz Petroleum, in its ongoing Trenton-Black River drilling program in its
Horseheads Prospect in Chemung County, NY.
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April 2010,
Lycoming County, Pennsylvania |
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WhitMar announces that the second two horizontal Marcellus wells drilled on its Nittany Prospect have been completed, with both wells having IP’s in excess of
7 MMCFGPD.
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March 2010,
Williams County, North Dakota |
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WhitMar announces the formation of a joint venture with Nadel & Gussman for the drilling of horizontal Bakken wells in WhitMar’s Bicentennial Prospect in the Williston Basin. The first well should spud by third quarter of 2010.
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January 2010,
Lycoming County, Pennsylvania |
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WhitMar announces that the first two horizontal Marcellus wells drilled on its Nittany Prospect have been completed, with both wells having IP’s in excess of
5 MMCFGPD.
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November 2009,
Luzern and Columbia Counties, Pennsylvania |
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WhitMar announces the formation of a leasehold acquisition and drilling joint venture
with EnCana Oil & Gas (USA) Inc., Denver, CO for the drilling and development of the
Marcellus Shale to be centered around a block of leasehold covering a total of
approximately 25,000 acres in Luzerne and Columbia Counties, Pennsylvania.
Initial commitment is for the acquisition of seismic data and the drilling of two
horizontal wells to test the Marcellus Shale. WhitMar and EnCana intend to
expand on their lease block before commencement of drilling.
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June 2009,
Chemung County, New York |
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WhitMar has drilled, COMPLETED, and flow-tested the Ruger #1 in central NY.
WhitMar’s partner, Anschutz Petroleum, is the operator of the well with a 46.5% working interest and
WhitMar has a 28.5% working interest in the well. Other WhitMar partners own the remainder of the
working interest. The horizontal well encountered 1,000 feet of gas shows in a heavily dolomitized
section of the Black River formation and tested to the atmosphere at a steady 5,000 MCFD for 24 hours
with 2200 psi tubing pressure. The well is shut-in and pipeline ROW is being secured, and the well is
expected to turn into sales at 5,000 MCFD in 4Q 2009.
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February 2009,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the King 1-24, with Partner
Devon Energy, at an IP of 8169 MCFD in the Woodford formation.
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February 2009,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the D & L Cattle 2-24, with Partner
Devon Energy, at an IP of 5641 MCFD in the Woodford formation.
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February 2009,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the King 2-24, with Partner
Devon Energy, at an IP of 6793 MCFD in the Woodford formation.
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January 2009,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the D & L Cattle 1-24, with Partner
Devon Energy, at an IP of 6714 MCFD in the Woodford formation.
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October 2008,
Chemung County, New York |
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WhitMar has drilled, COMPLETED, and
flow-tested the Center at Horseheads #1 in central NY. The horizontal well encountered 3,000 feet of
gas shows in a heavily dolomitized section of the Black River formation and tested to the atmosphere
at a steady 6,000 MCFD for 24 hours with 3350 psi tubing pressure. The well is shut-in and pipeline
ROW is being secured, and the well is expected to turn into sales
at 10,000 MCFD in 3Q 2009.
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October 2008,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the Sherry 1-13, with Partner
Chesapeake Energy, at an IP of 5182 MCFD in the Woodford formation.
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September 2008, Johnston County,
Oklahoma |
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WhitMar announces the drilling and COMPLETION of the Hartgraves 1H-5, with Partner
Wagner & Brown, LTD., at an IP of 881 MCFD in the Woodford formation.
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June 2008,
Lycoming County, Pennsylvania |
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WhitMar announces the formation of a leasehold acquisition and drilling joint
venture with XTO Energy, Inc., Fort Worth, Tx for the drilling and development of the Marcellus Shale
to be centered around a block of leasehold covering a total of approximately 25,000 acres in
Lycoming County, Pennsylvania. Initial drilling commitment is for a total of 2 wells, one vertical
and one horizontal wells to test the Marcellus Shale. The parties intend to expand on their lease block
before commencement of drilling.
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April 2008,
Broome and Delaware Counties, New York |
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WhitMar announces the formation of a leasehold acquisition and drilling joint
venture with XTO Energy, Inc., Fort Worth, Tx for the drilling and development of the Marcellus
Shale to be centered around a block of leasehold covering a total of approximately 25,000 acres in
Broome and Delaware counties, New York. Initial drilling commitment is for a total of 4 wells, two
vertical and two horizontal wells to test the Marcellus Shale. The parties intend to expand on their
lease block before commencement of drilling.
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February 2008,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the Roland 1-35, with Partner
Devon Energy Corporation, at an IP of 796 MCFD in the Woodford formation.
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January 2008,
Upstate New York and Northeast Pennsylvania |
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WhitMar announces the formation of a leasehold acquisition and drilling joint
venture with Carrizo Oil and Gas, Inc., Houston, Tx for the drilling and development of the
Trenton-Black River and the Marcellus Shale to be centered around three blocks of leasehold
covering a total of approximately 30,000 acres (each block consisting of 10,000 acres) leased by
WhitMar in certain counties in upstate New York and Northeast Pennsylvania. Initial drilling commitment
is for a total of 6 wells, one vertical and one horizontal Marcellus Shale well to be drilled on each of
the three lease blocks. The parties intend to expand on their lease blocks before commencement of drilling.
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November 2007,
Hughes County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the Holder 1-24, with Partner
Devon Energy Corporation, at an IP of 2944 MCFD in the Woodford formation.
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August 2007,
Coal County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the Hartgraves 1-28, with Partner
Devon Energy Corportation, at an IP of 1420 MCFD in the Woodford formation.
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June 2007,
Coal County, Oklahoma |
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WhitMar announces the drilling and COMPLETION of the Perry 1-2, with Partner
Newfield Exploration, at an IP of 1716 MCFD in the Woodford formation.
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May 2007,
Chemung County, New York |
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WhitMar announces the formation of a leasehold acquisition and drilling joint venture with Anschutz
Exploration Corporation, Denver, Co for the drilling and development of the Trenton-Black River and
the Marcellus Shale to be centered around approximately 10,000 acres of leasehold leased by WhitMar
in Chemung County, NY. Initial drilling commitment is for one horizontal Trenton-Black River well to be
drilled to 10,000’ TVD/14,000’ MD.
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January 2006,
Carbon County, Utah |
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WhitMar announces the drilling and COMPLETION
of its first 9 wells in the East Helper Prospect. All wells indicated
gas response on the electric logs and were successfully perforated
and fracture stimulated in the Ferron Formation. All 9 wells are
now being connected to the sales line. Production is expected
to commence in the next 3 weeks. Based on geologic and engineering
data, WhitMar has permitted an additional 26 drilling locations
for 2006 on its 12,000 acre leasehold. At current spacing of 160
acres, there is potential for 75+ wells. Estimated reserves are
2.5 BCF per well.
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January 2006,
Latimer County, Oklahoma |
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WhitMar is currently DRILLING
AHEAD at 5000’ MD on the Mabry #1-13, toward
total depth of 12,500’ MD. The well is targeting the Spiro
Formation, with potential reserves of 4+ BCF.
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January 2006,
Eddy County, New Mexico |
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WhitMar is currently DRILLING
AHEAD
at 4000’ MD, with partner Devon, on Willow Draw #24-1, toward
total depth of 10,000’ MD. The well is targeting the Morrow
Formation, with potential reserves of 4+ BCF.
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January 2006,
Latimer County, Oklahoma |
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WhitMar has run production pipe and is
currently COMPLETING
the City of Red Oak #1-34 in the objective Spiro Formation at
12,500’ MD. If successful, there is potential for an offset.
Potential reserves are 2.0 BCF per well.
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December 2005,
Latimer County, Oklahoma |
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WhitMar has run production pipe and is
currently COMPLETING
the Harrel #2-11 in the objective Spiro Formation at 12,500’
MD. Potential reserves are 0.5 BCF.
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November 2005,
Latimer County, Oklahoma |
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WhitMar announces the PSO #10-2 DISCOVERY,
with partner Unit Petroleum, which is producing gas to the sales
line at 2000 MCFD
from the Spiro Formation. Expected reserves are 3 BCF.
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October 2005,
Blaine County, Oklahoma |
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WhitMar announces the Dadisman #1-20 DISCOVERY,
with partner Chesapeake Energy, which is producing gas to the
sales line at 1800 MCFD
in the Springer and Morrow Formations. There is potential for
one offset. Estimated reserves are 2.5 BCF per well.
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September 2005,
Latimer County, Oklahoma |
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WhitMar has secured the Nabors 290 rig
for the South Wilburton Prospect, with expected
spud date in February 2006. The well is targeting
the Spiro Formation at 15,000’ MD, with potential reserves
of 12+ BCF.
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September 2005,
Pittsburg County, Oklahoma |
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WhitMar has secured the Nabors 290 rig
for the West Hartshorne Prospect, with expected
spud date in March 2006. The well is targeting
the Spiro Formation at 12,500’ MD, with potential reserves
of 3+ BCF.
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May
2005, Carbon County, Utah |
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WhitMar announces the initial 5 test wells
for the East Helper Prospect will begin drilling in May 2005.
The main objective is the Ferron zone at ~2500 feet, which is
a 200 foot section of tight gas sands, shales, and coal seams.
At current spacing of 160 acres, there is potential for up to
100 wells. Estimated reserves are 2.5 BCF per well.
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March
2005, Eddy County, New Mexico |
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WhitMar announces the acquisition of 800+
acres in the Delaware Basin, Eddy County, New Mexico. The acreage
covers 5 prospects whose main objectives are Morrow-age sands.
Average depths to target zone is ~10,000 feet. Estimated reserves
for each well are 2-3 BCFEG.
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September
2004, Blaine County, Oklahoma |
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WhitMar announces the completion of the
Hightower Trust #1-32 DISCOVERY,
with partner Chesapeake Energy, at an IP of 7700 MCFD in the Lower
Britt Springer Formation. The new reservoir with virgin pressure
has potential for 5 additional offsets, with an estimated 30+
BCF of reservess
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May
2004, Carbon County, Utah |
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WhitMar announces the
acquisition of a 12,000+ acre leasehold in the Uinta Basin, on-trend
with the second-largest coal bed methane play in the United States.
Adjacent to our leasehold, the shallow Ferron coal has produced
over 440 BCFG in the Drunkard Wash and Helper Fields. Pre-drill
reserves for 75 – 120 well locations on our 12,000+ acres
are estimated at 150 – 450 BCFG.. |
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March 2004 –
Blaine County, Oklahoma |
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Whitmar announces 25-30
BCF potential prospect with partner, Chesapeake Energy, to be
drilled in 3rd quarter, 2004. WhitMar controls half of the lease
block and Chesapeake controls the other half.
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February 2003,
Latimer County, Oklahoma |
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WhitMar announces the
completion of the Puckett #2-15 DISCOVERY,
with partner BP Petroleum, at an IP of 1200 MCFD in the Bullard
Formation. |
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February 2003,
Latimer County, Oklahoma |
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WhitMar announces the
completion of the Shelby #27-1 DISCOVERY,
with partner KCS Resources, at an IP of 5366 MCFD in the Spiro formation. |
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February 2003,
Latimer County, Oklahoma |
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WhitMar announces the
completion of the McCaslin #4-2 DISCOVERY,
with partner BP Petroleum, at an IP of 2500 MCFD in the basal Atokan
formation. |
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October 2002,
Pittsburg County, Oklahoma |
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WhitMar announces the
completion of the Camp #1-33 DISCOVERY,
with partner Oxley Petroleum, at an IP of 1600 MCFD in the Spiro
formation. |
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October 2002,
Latimer County, Oklahoma |
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WhitMar announces the
completion of the Lawrence #2-14 DISCOVERY,
with partner Chesapeake Energy, at an IP of 1800 MCFD in the Bullard
formation. |
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May 2001, Matagorda
County, Texas |
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WhitMar announces the
completion of the Baer Ranch #1 DISCOVERY,
with Partner Revere Corporation, at an IP of 10,765 MCFD in the
Frio formation. |
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December 1999,
Latimer County, Oklahoma |
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WhitMar announces the
completion of the McCabe #1 DISCOVERY,
with partner KCS Resources, at an IP of 4400 MCFD in the Bullard
formation. |
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January 1999,
Latimer County, Oklahoma |
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WhitMar announces the
completion of the Puckett #1-15 DISCOVERY,
with partner BP Petroleum, at an IP of 8874 MCFD in the Bullard
formation. |
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