Petrichor Energy Inc. announces completion of drilling and evaluation of the Hinson #1 well to a total depth of 5,200 feet (1,585 meters) to test the Caddo Lime, Marble Falls, Barnett shale and Mississippi Lime formations. Management is pleased with the preliminary results of the Hinson #1 well, which the operator successfully completed under budget and ahead of schedule. The well is now being cased and scheduled for completion.
As previously announced, the Company owns a 66.67% working interest in the Prospect, which covers 11,695.33 acres to date, located within Young County, Jack County, Archer County and Clay County, Texas.
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Petrichor Energy Inc.
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