The
well
was
drilled
to
a
total
depth
of
2493
metres,
with
oil
and
gas
shows
being
encountered
throughout
the
drilling
of
914
metres
of
horizontal
hole
in
the
Marble
Falls
limestone
formation.
The
drilling
rig
had
been
released
after
5.5-inch
casing
was
run
to
total
depth
through
the
horizontal
lateral
last
Saturday.
Otis
is
currently
planning
to
fracture
stimulate
the
well,
which
is
expected
to
be
completed
by
the
end
of
the
month
or
early
August,
depending
on
frac
crew
and
equipment
availability.
Following
flow
testing
of
the
well,
the
frac…
