Upon completion and tie-in to the company’s recently completed production platform at Eugene Island 11, Contango expects the well to flow at an 8/8ths rate of approximately 50 to 60 million cubic feet equivalent per day (mmcfe/d). Mary Rose 2 was drilled by Contango Operators, a wholly owned subsidiary of the company.
Kenneth Peak, chairman and CEO of Contango, said: We are drilling our Mary Rose 4 exploration well, in which we have a net revenue interest of approximately 25.5%. Upon completion of our Mary Rose 2 well and if successful at Mary Rose 4, both wells will flow into our production platform at Eugene Island 11.
