The company plans to drill two wells to test the productivity of the producing zones during the first quarter of 2011.
The property has two oil producing formations – the Mississippian Fractured Carbonates and the prolific Wolfberry Formation.
The Mississippian well is designed as a tri-lateral horizontal well, while the Wolfberry well will use multi-stage fracturing techniques to maximize estimated ultimate recoveries.
The company said that this acreage position will support 37 additional locations.
Eagle Ford Oil & Gas is engaged in the acquisition, development and production of oil and natural gas reserves.
