Date: Wed, 19 Nov 1997 23:50:32 GMT Server: NCSA/1.5.2 Last-modified: Wed, 19 Nov 1997 16:54:01 GMT Content-type: text/html Content-length: 8720
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Texas Meridian Resources Corporation Announces East Cameron Field Extension with Discovery of 1,100 BBL Per Day Producer Houston, Texas - February 14, 1997 - Texas Meridian Resources
Corporation (TMR/AMEX) announced today that it has completed another
Henry well in its East Cameron Field in Cameron Parish, Louisiana.
The well, drilled in a newly productive fault block to a total
depth of 14,289 feet, encountered 87 feet of gross interval and
58 net feet of oil pay in the objective sand. Perforated below
13,200 feet, the well was immediately placed on production and
is flowing at a rate in excess of 1,100 barrels of oil per day
(BOPD) and 450 thousand cubic feet of gas per day (MCF/D) with
a flowing tubing pressure of 7,000 psi on an 8/64" choke. Total
field production has been boosted from approximately 1,600 BOPD
and 750 MCF/D to approximately 2,700 BOPD and 1,200 MCF/D of gas
from three wells. Based on geological mapping, it is estimated
that the areal extent of the new fault block is larger than the
original. FOR MORE INFORMATION CONTACT:
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