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Tuesday, August 17, 2010

American Oil And Gas Reports Another Nice Well

Back in April, 2010, I highlighted four AEZ wells that might be interesting to follow. They were all in Williams County, northwest of Williston, and either wildcats or in areas with little history.

Today, finally, I've updated the results of the fourth and last well, Bergstrom 15-23H. It was the best of the four. It had a 24-hour IP of 3,049 boepd (2,395 bopd). It was a wildcat and completed with 36 facture stages.

AEZ's working interest in this well was 95 percent. That takes a lot of confidence.

Hess has announced it will buy AEZ.

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