The company has also installed the jacket and deck extension including all access ladders.

Worthington Energy president and CEO Tony Mason said the company has also installed the heater and chemical tanks and fully welded the new Heli-Deck onto the platform.

"In anticipation of going on line in the next few weeks, the work load going forward will involve the Sub Sea Tie In (SSTI) as well as testing all the equipment contained on the deck," Mason added.

"Independent engineering reports on the initial reserve put the valuation of the behind pipe reserves in the I-1 well bore, P1 reserves, at around 15 BCF (billion cubic feet) plus liquids."

The energy company owns a 10.35% interest in the I-1 well plus a 2% Over Riding Royalty Interest (ORRI) over the 818-L block of the Mustang Island Field.