1 A horizontal Pearsall shale completion was announced by Cabot Oil & Gas Corp. in Frio County (RRC Dist. 1), Texas. The #101H Chilipitin Ltd. produced 670 bbl. of 41.6-degreegravity crude, 761,000 cu. ft. of gas and 127 bbl. of water per day. The 14,212-ft. venture flowed from a fracture-stimulated open-hole zone at 9,825-14,212 ft. and the true vertical depth is 10,232 ft. Gauged on an 18/64-in. choke, the flowing tubing pressure was 800 psi. The new Indio Tanks Field well is in Section 1, BS&F Survey, A-120 and the lateral bottomed nearly a mile beneath Section 2. To the south, the Houston-based operator has permitted four horizontal Eagle Ford wells from a common pad. The #6H Chilipitin Ltd. and #7H Chilipitin Ltd. are each permitted to 13,500 ft., and #8H Chilipitin Ltd. and #9H Chilipitin Ltd. will each be drilled to 12,000 ft.

2 In Live Oak County, RRC Dist. 2, Texas, Cobra Oil & Gas has completed a 7,500-ft. Queen City gas well. The #1 Goynes produced 718,000 cu. ft. of gas and 5 bbl. of 50.2-degreegravity condensate per day. Production is from perforations at 7,187-7,206 ft. Gauged on an 8/64-in. choke, the flowing tubing pressure was 2,085 psi and shut-in tubing pressure was 2,225 psi. The discovery is on a 40-acre lease in the John W. Hogan Survey, A-230. Cobra Oil & Gas is based in Wichita Falls, Texas.

3 According to the Southeastern Oil Scout, Venado Oil & Gas LLC has completed a horizontal Eagle Ford shale well in Lee County (RRC Dist. 3), Texas. The #2H Eight Ball Unit was tested flowing 422 bbl. of 37-degree-gravity crude, 102,000 cu. ft. of gas and 153 bbl. of water daily from acid- and fracture-stimulated perforations at 8,005-14,228 ft. The Eagleville Field venture was drilled to a 14,268-ft., 7,409-ft. true vertical depth, in Abner Kuykendall Survey, A-14.

4 Halcón Resources Inc. of Houston completed a horizontal Eagle Ford shale well in northern Brazos County (RRC Dist. 3), Texas. The #1 Hawk flowed 936 bbl. of 37.2-degree-gravity oil, 396,000 cu. ft. of gas and 96 bbl. of water per day. Production is from fracture-treated perforations at 8,073-14,887 ft. Tested on a 14/64-in. choke, the flowing tubing pressure was 1,000 psi. The Aguila Vado Field well was drilled to 15,036 ft. and the true vertical depth was 7,819 ft. The 651-acre lease is in George W. Singleton Survey, A-51.

5 Two horizontal Woodbine tests in Madison County (RRC Dist. 3), Texas, are planned by Denver-based Encana Oil & Gas (USA) Inc. The #1H Burns-State Unit and #2H Burns-State will be in Nicholas Copeland Survey, A-63. The #1H Burns-State Unit is expected to bottom about one mile northwest beneath Jacob Kuechler Survey, A-270. The #2H Burns-State is scheduled to bottom in John D. Holcomb Survey, A-21. Both Woodbine tests are slated to reach a true vertical depth of 9,000 ft. Earlier in 2013, in Brazos County, Encana completed #1H Weaver-State Unit. It flowed 327 bbl. of 34.6-degree-gravity crude, 134,000 cu. ft. of gas and 494 bbl. of water daily from perforations at 8,167-16,002 ft. The #2H Weaver-State Unit flowed 383 bbl. of crude, 128,000 cu. ft. of gas and 425 bbl. of water per day from Woodbine at 7,945-14,186 ft.

6 Houston-based Black Elk Energy LLC completed a High Island Block A-443 producer, #5-A (ST2/BP2) OCS G03241. The well was tested at a stabilized flow rate of 1,200 bbl. of oil per day and encountered a Willis (Pleistocene) zone not seen in offset wells on the tract, according to Black Elk. Gauged on a 24/64-in. choke, the flowing tubing pressure was 1,150 psi. This well had been sidetracked and re-entered numerous times and was originally drilled in 1979.

7 A Lower Cotton Valley producer in Lincoln Parish, La., produced 15.08 million cu. ft. of gas, 73 bbl. of crude, and 1,392 bbl. of water per day. The Wildhorse Resources LLC well, #1-Alt Dowling 21-6H, was horizontally drilled to 16,178 ft., 11,214 ft. true vertical, in Section 21-19n-4w. The Terryville Field well bottomed one mile north beneath Section 16. Flowing tubing pressure was 4,900 psi when tested on a 28/64-in. choke. According to IHS Inc., the Houston-based company has more Lower Cotton Valley tests planned in the area including #1-Alt Dowling 20-17H in Section 20-19n-4w, and #1 LA Minerals 36 in Section 36-19n-5w.

8 A gas well in Iberville Parish, La., has extended Klondike Field west. Expert Oil & Gas LLC's #1 Wilberts Sons LLC, in Section 70-8s-9e, flowed 2.15 million cu. ft. of gas and 24 bbl. of 50-degree-gravity condensate per day. Production is from Lorio (Frio) perforations at 10,938-42 ft. The Madisonville, La.-based company tested the well on a 12/64-in. choke and the respective flowing and shut-in tubing pressures were 3,053 psi and 3,254 psi. The well was directionally drilled to 11,203 ft. and the true vertical depth was 10,900 ft., with a lateral that was kicked off at 4,100 ft. Additional pay was also reported from Nodosaria blan (Lower Frio), but further details were not provided. Working interest holders are Grand Gulf Energy Ltd. (10.5%) and Tamaska Oil & Gas Ltd. (10.2%).

9 Stavanger, Norway-based Statoil is under way at the first appraisal test of its Logan discovery. The #1 OCS G26420 is in the southeastern portion of Walker Ridge Block 970; the area water depth is 7,400 ft. The Logan discovery, #1 OCS G26419, is three miles northwest on Walker Ridge Block 969. It was drilled to 27,400 ft. and encountered an unreported amount of hydrocarbons. Statoil operates the Lower Tertiary discovery with a 35% interest. Partners include Petrobras (35%), Ecopetrol (20%) and ONGC (10%). Eleven miles southwest of Statoil's drillsite is the Phobos discovery by Anadarko Petroleum. The #1 (BP2) OCS G27779, on Sigsbee Escarpment Block 39, encountered about 250 net ft. of high-quality oil pay in Lower Tertiary-aged reservoirs.

10 Telico Minerals LLC has re-established production in Lake Boeuf Northwest Field in Lafourche Parish, La. The #1 LL&E produced 155 bbl. of 38-degree-gravity oil and 30,000 cu. ft. of gas per day through Miocene perforations at 12,906-09 ft. and 12,911-14 ft. Tested on a 5/64-in. choke, the flowing tubing pressure was 1,650 psi and the shut-in tubing pressure was 1,850 psi. The directional venture by the Lafayette, La.-based operator was drilled to 13,054 ft. in Section 32-14s-18e, more than a mile northwest of Lake Boeuf. The initial hole was abandoned by Telico at 13,060 ft. in late 2012.

11 Statoil plans to drill up to four exploratory tests at a new prospect, Mississippi Canyon 718. The exploration plan shows the company will drill the first test, OCS G34456, with up to three more ventures tentatively slated for the southern portion of the block where the water depth is 2,900 ft. Nearby production is at LLOG Exploration's #1 (ST/BP) OCS G28025; to the southeast, Shell has permitted and drilled numerous tests in 2012 and this year at its Mars-Ursa (Mississippi Canyon Block 807) Field.

12 A second appraisal test by Noble Energy Inc. confirmed the existence of commercial hydrocarbon pay at its Gunflint development in Mississippi Canyon 948. The #1 OCS G24133 hit 109 net ft. of pay within the primary reservoir targets. The 32,800-ft. well bottomed beneath Block 992 in water depths of 6,100 ft. According to the Houston-based company, drilling, wireline logs and reservoir data show an estimated gross resource range of 65 million to 95 million bbl. of oil equivalent in the primary structure. According to IHS Inc., additional exploration potential remains in an adjacent three-way structure to the north, where development is planned.

All data in the Exploration Highlights section is based on sources believed to be reliable, but its accuracy cannot be guaranteed. The prudent investor intending to act upon any particular data is urged to verify it with all other available sources. In no way should the publication of these items be construed as an express or implied endorsement of a company or its activities.

Most land in the U.S. is divided into townships—rectangular tracts six miles square. The township, in turn, is divided into 36 numbered sections, each a one-mile square. The lines running north-south and dividing east from west are called range lines. The lines running east-west and dividing north from south are township lines.

A well in Section 15-Township 4 north-Range 3 east is abbreviated: 15-4n-3e.