Energia Tejas generated this regional project and entered into an 58,000 acre AMI with working interest partner, Chesapeake Energy - Oklahoma City, OK. The companies drilled long reach laterals and fracture stimulated the oil bearing Woodbine formation in East Texas. Before divestiture, the first two wells had produced over 382,000 MFCG and 146,000 BO in their first eighteen monts of production. After selling its working interest Energia Tejas retained only overriding royalty interests in the formerly-AMI acreage. AMI. As of Q2 2103 there are two rigs drilling in this acreage.
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