Ram Energy Eyes Third Well

Ram Energy Resources Inc. proposed a third well to EOG Resources Inc. and other working interest owners that jointly own interests with Ram in the company’s North Texas Barnett Shale acreage.
The Ramsey #1H is proposed to be drilled to a true vertical depth of about 6,840 feet with a lateral length of about 2,800 feet to test the Lower Barnett Shale formation.
The well, in southwest Wise County, Texas, is within the prolific Fort Worth Basin.
Total estimated costs to drill and complete the well are $3.1 million.
Currently Ram has 9 gross producing wells in the Barnett Shale, with the 10th well, the T. L. Dickenson 1H, awaiting completion.

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