Not spring loaded, !0 active rigs drilling and complete on average 1 month.
40.950 BOE/D at last report.
Pad drilling the rig skid's over 30 feet and already to go.
The laterals are separated at depth by 660 feet.at depth.
Utica Point pipeline opened in mid-September so 8 wells connected.
New formations in the three forks have TF2 & TF3 added with 37 feet of play (reserves proved).
Reserves in ND almost triple.
So it is not a hidden agenda it's right here:
Halcón Deliver Significant Production Growth in 2013
Bakken/Three Forks ~150,000 Net Acres Avg. WI in operated acreage: ~94% current 35,000 BOE/D
91% Oil 9% Gas
Utica/Point Pleasant ~142,000 Net Acres Avg. WI in acreage: ~96% pilot wells started
Kibler 1H (Trumbull County, OH) test rate 2,233 BOE/D (75% liquids)
Allam 1H (Venango County, PA) test rate 1,652 BOE/D
Sep 19th pipeline connected now flowing 8 wells now flowing in pipeline @ Utica
El Halcón ~60,000 Net Acres Avg. WI in acreage: ~72% Current 6,000 BOE/D a 700% increase YTD
94% Oil 3% NGL 3% Gas