Success at Antares’ Oyster Creek

Antares Energy announced on Tuesday morning that drilling at its Harrison Number 3 well had reached its total planned depth, and management confirmed the presence of oil and gas in the three reservoirs that it was targeting. The lower most reservoir, F41, will be brought into production shortly, at which time flow rates will be announced.

The Harrison Number 2 well has produced more than 300,000 barrels of oil equivalent from two of the same reservoirs intersected by Harrison Number 3. The wells are part of Antares’ Oyster Creek project in Texas.