The commencement of work begins immediately on 67 wells with more expected over the next two quarters.
The operator has approximately 157,000 net acres in the Fayetteville Shale, an unconventional gas reservoir located in the Arcoma Basin in Arkansas, at a depth of approximately 1,500ft to 6,500ft and ranging in thickness from 100ft to 500ft.
The formation is a Mississippian-age shale that has similar geologic characteristics to the Barnett Shale in the Ft Worth Basin of north Texas.
