First three wells connected
Denver/Heidelberg. Tekton Energy has commenced production of oil and gas in its Windsor project, part of the Wattenberg field in Colorado. Three wells drilled in early February from the Rancho pad were connected to the existing infrastructure over the last few weeks. Three more wells, drilled from the Pavistma pad in the second half of February, will follow in late April. Tekton will report about the results of the first month of production in early May.
By mid-year, ten holes shall be drilled from different drill sites and brought to production. By then, an independent expert’s reserve calculation will be available. Drilling of the next three wells operated by Tekton is planned for the end of April from a well pad near the previously drilled wells. In addition to the currently executed vertical drilling campaign, Tekton is preparing a horizontal drilling program.
Heidelberg, 10 April 2012