Equus Subsidiary Morgan E&P Completes Two Horizontal Wells
Equus Total Return, Inc. (EQS)
US:NYSE Investor Relations:
equuscap.com/investor.htm
Company Research
Source: GlobeNewswire
Completes Sale of Wellbore Working Interest For $5.6 MillionGross Oil Production Over 1,000 Barrels Per Day HOUSTON, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) ("Equus") today announced that Morgan E&P, LLC ("Morgan"), a wholly-owned subsidiary of Equus, has completed its first two wells in Billings County, North Dakota, the Baranko 1-28H and the Obrigewitch 1-33H. Morgan received its drilling permits from the North Dakota Industrial Commission (“NDIC”) in September 2023 and successfully completed drilling in October. Both wells, along with construction of production facilities, were completed by the end of November. Morgan drilled both wells into their target zones of the Middle Bakken, with the Baranko achieving a total depth of 19,920 feet and the Obrigewitch achieving a total depth of 21,356 feet. The wells were completed with 60-stage fracture stimulations. The wells began flowback procedures on December 3, 2023. To accelerate the flowback
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- Equus Announces Fourth Quarter Net Asset ValueGlobeNewswire
- Equus Subsidiary Morgan E&P Provides Update on ReservesGlobeNewswire
EQS
Sec Filings
- 4/3/24 - Form 8-K
- 4/2/24 - Form NT
- 4/2/24 - Form 10-K
- EQS's page on the SEC website