Saratoga Resources Inc. (NYSE: SARA) reports its recent drilling activities, including the results of the Buddy development well and results of recompletion operations on the Roux well.
The Buddy development well in Grand Bay field was drilled to a total depth of 6,820 feet measured depth/total vertical depth and was successfully completed in the 3A sand. Flow testing of the Buddy well demonstrated an initial production test rate of 208 net barrels of oil equivalent per day. Flowing tubing pressure was 580 pounds per square inch on a 19/64” choke. ...