Saratoga Resources, Inc. SARA (the “Company” or “Saratoga”) today
provided an update on its recent Zeke development well in Breton Sound Block
32 field.
The SL 1227-26 “Zeke” well was spud on August 5, 2013 and drilled as a
directional hole to a total depth of 6,430' measured depth/5836.7' true
vertical depth. The well is a high angle directional well in the 5800' sand in
the south-eastern portion of the Breton Sound 32 field. There is also an
up-hole 5,750' sand recompletion opportunity in the Zeke well, which can be
accessed in the future. The Zeke well was completed on September 3, 2013 and
has been tied back to Saratoga's Breton Sound 32 platform.
The Zeke well tested on September 10, 2013 at a gross rate of approximately
312 barrels of oil per day and 89 thousand cubic feet of gas per day on a
38/64” choke with flowing tubing pressure of 480 psi, or net 268 barrels of
oil equivalent per day.
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