Hubbard 1-H Well, Jack D Hubbard Lease, Brown County, Texas

Working alongside WEJCO Exploration & Production inc., Alamo Energy has secured a 20% working interest on the Hubbard 1-H well, located on the Jack D Hubbard lease in Brown County, Texas. The well originally produced from the Caddo zone into a low pressure gathering system on the lease block and presented Alamo with a low-risk, high-yield re-entry opportunity in deeper zones.

The Mississippian Duffer Limestone is productive throughout District 7B and has over 400 completions in Eastland and Brown Counties. The Hubbard 1-H well, located on 453 acres, benefits from existing full Schlumberger Triple Combo data showing logged pay, with strong mud log shows thanks to a recent previous drilling attempt abandoned during completion due to mechanical problems.

Following the re-entry, Alamo expect initial flow rates after perforations and fracing to be in the region of 500mcfg/d and 8bblso/d. Nearby re-entry wells of a similar nature have yielded in excess of 800,000 mcfg and around 30,000bblso. Additionally, further opportunities to develop the site include drilling new wells that target the Barnett formation. This demonstrates the long-term production potential available within the lease. And, with a risk-to-reward ration of over 21:1, this re-completion project demonstrates an exceptional investment opportunity in a proved area of low risk production.

Alamo's Hubbard 1H Well. Click the photo to view more.