Whittier targets Frio sands in Texas - April 18, 2004

Providing coverage of Alaska and northern Canada's oil and gas industryApril 2004

Vol. 9, No. 16

Week of April 18, 2004

Whittier targets Frio sands in Texas

Ray Tyson

Petroleum News Houston correspondent

Exploration and production independent Whittier Energy said it plans to drill the Schirmer 1-19, a new development gas well in the Bonnie View field in Refugio County, Texas, targeting Frio sands at 5,400 and 5,600 feet.

Whittier said April 14 it already has staked the surface location and expects to spud the well next month, adding that an independent reserve report attributed about 342 million cubic feet of proved undeveloped reserves to Whittier’s net interest in the well.

Last month Whittier acquired an additional 5 percent interest in the Bonnie View field for approximately $95,000, increasing its working interest to 71.38 percent.

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