Intrepid Drilling Commences Production of Well in South Lake Charles, Louisiana

On March 10, 2014, Intrepid Drilling, LLC completed its directional well in Lake Charles South Field in Calcasieu Parish, LA.  The HBY RG SUA Williams well (formerly Ronald W. Williams et. al.#1) flowed 400 barrels of 54 API gravity oil per day and 1,600,000 cubic feet of natural gas per day through a 6/64ths choke. The gas/oil ratio was 4,000. The flowing tubing pressure was 5,000 pounds per square inch and the shut-in tubing pressure was 8,500 pounds per square inch.  The production is from an interval between 15,150' and 15,170' in the Hackberry Lower C formation.