However, in line with a confidentiality agreement with Chesapeake, Cubic Energy is excluded from releasing any flow information until a state test has been filed of record.
The Clingman acres 11H is situated in section 11, township 15 North range 15 West in the Caspiana field in Caddo Parish, Louisiana, which is contiguous to the east side of Cubic Energy’s Johnson branch acreage. Cubic Energy has an anticipated 2.8% working interest in the well.
Richard M. Sepulvado, Cubic Energy’s vice-president of exploration and production, stated, The Clingman Acres 11H well confirms the quality of the Company’s acreage position, which is at the epicenter of the Haynesville Shale play. This well further demonstrates the quality of the reserves underlying our acreage. Cubic Energy continues to be excited with respect to its participation as a working interest owner in additional non-operated sections with Chesapeake.
