Tuesday, October 28, 2008

Triple Diamond Energy Corp Announces Plans For Two Well Program In Garvin County Oklahoma

Triple Diamond Energy Corp (TDEC) has announced plans for a two-well controlled step out oil and natural gas program in south central Oklahoma.

ADDISON, TX -- The Texas-based oil and gas production and exploration company, Triple Diamond Energy Corporation, has announced they are planning a program for Garvin County located in south central Oklahoma.

The plans involve a two well, controlled step out oil and natural gas program. These wells will be drilled one or more spacing units away from existing production already in the targeted formations.

"Garvin County is the fifth largest producer of oil in the entire state of Oklahoma and other wells currently located in the area are showing promise. Several wells located adjacent to the area we will be working in are producing one million or more barrels of oil," said Chris Jent, Officer of Triple Diamond Energy Corp. (http://www.triplediamondenergy.com/)

The Golden Trend region of south central Oklahoma is on the Anadarko Basin's Southeastern embayment between the Arbuckle Mountains and the Nemaha-Pauls Valley. The oil produced in McClain and Garvin Counties comes from one of three main formations made from Deese sandstones, Hunton limestone, and Viola limestone as well as several pools located in the Simpson group. These formations shifted and created stratigraphic traps where the oil now sits.

Triple Diamond Energy Corp. has just completed the first two wells of its four well Sportsman Lake Program located in Seminole County, Oklahoma. Drilling for this program commenced in August and TDEC expects to complete them at the end of October.

42 comments:

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