An analysis of logs indicates that the lease and acreage contain at least three productive Cisco Sand horizons at depths of 500ft, 1,300ft and 1,700ft, with the majority of historical production coming from the shallowest zone.
The company has identified an initial 12 drilling locations, and the first phase of this drilling program will involve drilling three wells, each to a total depth of 1700ft.
After reaching the planned total depth, Topaz will run logs and make the decision whether to complete at one or more of the three horizons, the company said.
The company expects to drill and complete these three wells during December and January.
Topaz is an oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas.