Sunday, June 14, 2009

Penn Virginia Corps Tests Haynesville In East Texas

Penn Virginia Announces Lower Bossier (Haynesville) Shale Well Results

Tuesday, June 02, 2009

Penn Virginia Corporation announces the results of a horizontal Lower Bossier (Haynesville) Shale well in Harrison County in east Texas.

PVA successfully completed the Steele #2-H well (100 percent working interest) which tested at an initial production rate of approximately 11.4 million cubic feet of natural gas per day with a flowing casing pressure of approximately 4,600 pounds per square inch. The well had an approximate 4,000-foot lateral and was stimulated with approximately 2.5 million pounds of sand and bauxite over ten stages. This well has the highest initial production rate of any Lower Bossier Shale well PVA has drilled to date in east Texas.

PVA is in the process of completing an additional Lower Bossier (Haynesville) well.

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