St. Mary Land & Exploration (Nov 2):
St. Mary Provides Operational Update; Updates Performance Guidances for 2009
From a press release from St. Mary Land & Exploration, a drilling company headquartered in Denver, CO:
St. Mary has drilled and completed its first two horizontal wells in this program. The wells are the Potato Creek 1H and the Potato Creek 3H (both SM 70% WI). These wells are located in McKean County, Pennsylvania. The Company is currently laying a temporary sales pipeline to test the first well. As a reminder, St. Mary has a total acreage position of approximately 41,000 net acres in McKean and Potter Counties in north central Pennsylvania.