Pryme will drill the McIntyre 1 well, which is the first of ten wells planned for 2014.
It will target the stacked Tuscaloosa oil sands.
Pryme Energy is the operator of the drilling program and will earn a 4% carried working interest to the casing casing for each well drilled at the project.
Roundtable Resources is a major participant in the drilling at the project.
The
