Patriot Energy Inc. is offering the Thoroughbred #1 well, the company said March 23.
Thoroughbred #1 extends production on 3,600 leased acres that will intersect the Wolfcamp and Spraberry formations.
Thoroughbred #1 will be the fourth well drilled on the Permian lease, which can hold 57.
“Getting acreage anywhere in the Permian is very difficult these days. By leveraging our industry connections, we are able to offer our clients excellent prospects on this acreage with plenty of room to expand,” Michael Miller, president, said.
Dallas-based Patriot Energy Inc. handles working and royalty interests for private investors.
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