Foothills Exploration

Foothills Exploration has begun drilling its Labokay prospect well in Calcasieu Parish, Louisiana. The prospect is an amplitude-vs.-offset oil play that targets the Frio Nododaria Blanpiedi sand. The well will be drilled to a total measured depth of 8,575 ft and true vertical depth of 8,190 ft. The company will earn 100% working interest before payout for drilling, and Magna Operating will back in for a 20% interest after payout.


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