keithsan
03-15-2006, 08:40 AM
Greater Sooner Holding, Inc. Announces Clayton Field Workover Project Yields Positive Results; Nicholson #2 Well Production Increases 100%
HOUSTON--(BUSINESS WIRE)--March 15, 2006--Greater Sooner Holding, Inc. (OTC:GSNH) announced today continued progress in the Clayton Field workover project in Live Oak County, Texas.
The result of the redesigned production facilities in the Clayton Field is a 100% increase in the natural gas flow rate increase in the Nicholson No. 2 well from 50 MCFD to over 100 MCFD, without a decrease in the well pressure or any increase in water production.
The redesign was completed by the current operator, Kenne Exploration, in conjunction with a team of contractors experienced at optimizing production in mature South Texas fields, such as the Clayton Field. The production facilities modified included changes to the field gas pipeline layout. The field team continues on track with evaluation of production enhancements for the Clayton Field as previously announced.
HOUSTON--(BUSINESS WIRE)--March 15, 2006--Greater Sooner Holding, Inc. (OTC:GSNH) announced today continued progress in the Clayton Field workover project in Live Oak County, Texas.
The result of the redesigned production facilities in the Clayton Field is a 100% increase in the natural gas flow rate increase in the Nicholson No. 2 well from 50 MCFD to over 100 MCFD, without a decrease in the well pressure or any increase in water production.
The redesign was completed by the current operator, Kenne Exploration, in conjunction with a team of contractors experienced at optimizing production in mature South Texas fields, such as the Clayton Field. The production facilities modified included changes to the field gas pipeline layout. The field team continues on track with evaluation of production enhancements for the Clayton Field as previously announced.