Northcote Energy said that the Lutcher Moore (LM) No. 21 well at the Shoats Creek field in southwestern Louisiana will be spudded May 16 as part a fully funded work program. Following completion operations, the LM No. 22 well will be drilled. Preparations are under way to drill the LM No. 23 well in the third quarter. Potentially five Shoats Creek wells will be producing by year-end, the company said. Northcote is also doing geophysical and engineering work in preparation for high-grading drilling prospects in the deeper Cockfield formation in the same vicinity.