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Rooster Energy completes Vermilion 376 field exploration and development program


Published Jun 27, 2012
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Rooster Petroleum

Rooster Energy, Ltd. has resumed oil and gas production from its Vermilion Block 376, Offshore Louisiana, following the successful drilling and completion of three new wells. Rooster commenced the drilling program in late February after shutting down production at the field from two wells.

Prior to the shut-in, the field was producing approximately 400 barrels of oil per day with minimal gas production. The field has been brought back on production at a gross rate of 1,050 barrels of oil and 6.1 million cubic feet of gas.

Rooster's net production from the field is approximately 750 barrels of oil and 3.1 million cubic feet of gas. The drilling program consisted of three wells with two wells categorized as exploratory and the third as a development.

Tags: Ltd., Rooster Energy




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