Click here to close now.




















Welcome!

News Feed Item

Silver Tusk Oil Company Announces Commencement of Operations on the Willard Unit 1H Well

DALLAS, March 3, 2014 /PRNewswire/ -- Silver Tusk Oil Company, LLC ("Silver Tusk") Managing Member, Paul Fenemore, has announced that operations to drill the Willard Unit 1H well are well under way. This well will be drilled within the productive limits of the Giddings (Austin Chalk) Field located in Burleson and Lee Counties, Texas and is the first of many wells that Silver Tusk expects to drill in its Sand Lake Prospect Area.

Silver Tusk Oil

Silver Tusk together with the Silver Tusk Lease Acquisition and Development Partnership, LP currently have around 5,295 net acres under lease within the productive limits of the prolific producing Giddings (Austin Chalk) Field with all depth rights from surface to the base of the Austin Chalk Formation.

Construction of the drill site and access road are complete, the water well has been drilled and the surface conductor pipe set. The Basin Drilling 2, LP Rig #102 has just been released after drilling and completing a horizontal well for Woodbine Production Company in Madison County, Texas (110 miles away) and the rig will now move in and rig up to drill the Willard Unit 1H well on Friday, February 28, 2014.

Silver Tusk is excited that the spud date for the 'kick-off' well for the Silver Tusk Lease Acquisition and Development Partnership, LP has finally arrived and is very happy that it was able to secure the services of Rig #102 from Basin Drilling 2, LP at such short notice. The projected total depth of the Willard Unit 1H well is approximately 11,520'. It will be drilled as a horizontal well with a true vertical depth of 6,300' and a Drilling Water Well horizontal leg of 5,400' penetrating the lower part of the Austin Chalk Formation which is the main producing member in the Giddings (Austin Chalk) Field. The well is expected to take around 45 to 60 days to drill and complete.

Silver Tusk also is finalizing title and survey work on 2 other horizontal Austin Chalk units in the southern part of the Sand Lake Prospect Area known as the Zgabay-Zchesch and Carroll Units and anticipates having one or both of these units ready for drilling shortly.

The Silver Tusk Lease Acquisition and Development Partnership, LP is focusing its leasing and drilling activities in some of the most prolific parts of the oil and gas rich East and South Texas Basins. It is anticipated that the Lease Acquisition and Development Partnership, LP will lease approximately 10,000 acre of high potential oil and gas leases in these areas and drill up to 25 wells.

Negotiations are at an advanced stage to acquire leases in several areas in the East Texas Basin with excellent potential to establish shallow oil and gas production from the Rodessa, Pettet and Travis Peak intervals. Silver Tusk is finalizing leasing arrangements in several areas with potential to yield in excess of 1 million barrels of oil equivalent per project area. Further details will be announced soon.

Photo - http://photos.prnewswire.com/prnh/20140303/DA75560

SOURCE Silver Tusk Oil Company, LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.