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Message: News

Re: News

in response to by
posted on Apr 09, 2008 12:09PM

the Howard White #1 referred to in the NR was previously called Tex Flora #1 and before the capped flowed at.500 B/Hr.

 

this is from the 6/19/06 NR

Montello's goal is to finish TEX FLORA # 1 by the end of July with a complete evaluation expected no later than the end of August preferably sooner. Baker Hughes and Halliburton are ready to go once the Company has the green light. Montello now has a complete Oil Pour Point Analysis for the area that is expected to greatly assist in the completion of this well in addition to future anticipated re-completion programs in the area.

Tex Flora # 1 is approximately 900 meters from PRYOR OIL Co.'s well drilled in the Elmer Howard-White Unit #1, Permit #9893 on July 19th, 2002. According to Tennessee Oil and Gas Sources, this well blew out and was flowing at an estimated 800 psi and 200-500 barrels an hour prior to Boots and Coots being called in to kill and abandon the well due to it catching fire. This well was damaged to the point of abandonment.

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