The Bentley Lumber 34H #1 located in Rapides Parish recently flowed at a rate of 543 barrels oil equivalent (80% oil) during a 24 hour test period.
This first LA Eagle Ford horizontal well in the region was successfully drilled without the need for an intermediate casing string through the shale interval.
In addition, it also involved a 15-stage fracture stimulation of the target interval.
The hydrocarbon mix is of 45 API gravity oil along with high liquid yield natural gas.
The oil is currently being trucked to sales and the gas is temporarily being flared with state approval.
Indigo II has assembled nearly 260,000 net acres in the LA Eagle Ford play and has identified several locations to drill additional horizontal wells in 2012.
Prior to drilling, it intends to secure a joint venture operating partner in early 2012 to bring horizontal oil expertise and capital to this large oil shale development project.
It is anticipated that 5 to 7 rigs could be operating in this emerging oil play during the 1st quarter of 2012.
