Greater Sooner Holdings, Inc. Announces Louisiana Well Update Monday December 18, 8:30 am ET
HOUSTON--(BUSINESS WIRE)--Greater Sooner Holdings, Inc. (Pink Sheets:GSNH - News) announced today that the Anthony 33-1 well, the first well in the two-well development program for Anthony 33 Gas Field, has been drilled and is now being tested in the Glen Rose formation. ADVERTISEMENT Drilling operations reached the target Tuscaloosa formation and it showed natural gas-bearing sands as forecasted. There are at least two additional pay zones, the Glen Rose and the Paluxy, showing oil-bearing sands.
In addition, the Company will do the final pressure test on the pipeline gathering system this week and will be ready to start taking gas into the system when the Anthony 33-1 well is completed.
Greater Sooner Holdings owns a 57.85% Working Interest in the Anthony 33 Gas Field, located in the prolific oil and gas producing area of Bossier Parish, Louisiana.
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