Emerald Bay Energy provides update on Kuhn 5 well, in South Texas
CALGARY -- Emerald Bay Energy Inc. has provided the following update on the Company’s plans to drill the Kuhn 5 well at the Wooden Horse property in South Texas. As previously announced, the Kuhn 5 well location was chosen as Buda target. Based on the results of the Kuhn 3 well, recently completed in upper Austin Chalk, the Company’s geophysical team is now in the process of re-evaluating Kuhn 5 to possibly reposition the location of the well as an Austin Chalk target. The final location and the targeted formation of the Kuhn 5 well will be made upon completion of perforating and stimulating the additional 5 ft of the Buda formation in the Kuhn 4 well as previously announced. It is anticipated that the location will be decided, surveyed and permitted in the next two to three weeks with drilling to commence shortly thereafter.
