The Stafford Well #1 will be drilled to a total depth of 7,400ft and will test several potential intervals within the Frio formation, and the targeted zones are predicted at depths between 5,570ft and 7,350ft.
Pending positive results, an additional six potential development well locations are indicated, the company said.
The company anticipates testing up to 12 potential oil saturated zones and two potential gas zones, based on analysis of productive well histories offsetting this location.