Entek announces El Capitan future production estimates

Entek Energy has announced an estimate of the reserves and future production for the Main Pass 252 block (El Capitan prospect).

Jul 24th, 2008

Offshore staff

WEST PERTH, Australia -- Entek Energy has announced an estimate of the reserves and future production for the Main Pass 252 block (El Capitan prospect).

According to the report by Ryder Scott, the block has estimated proven undeveloped reserves of 7.285 bcf and probable and possible undeveloped reserves of 31.567 bcf.

Entek plans to drill a high inclination well to approximately 2,438 m (8,000 ft) to re-tap the incompletely produced reservoir. The company has outlined a two-well development; the second well is designed to accelerate production of the incompletely produced reservoir and also tap the proven but unproduced reservoir. Production would be tied back to existing production facilities.

07/24/2008

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