---- CMX spuds Scrooge #1-7H horizontal well in
Barber County, Kansas. Dan D Drilling Rig #5 is
over the hole. MD is expected to be 9500’.
The
location is located 5 miles east of Hardtner,
Kansas.
--- CMX prepares to drill vertical offset to its
Woods Trust discovery well in Pawnee County,
Kansas. The well will be known as the #1 Martha
and it will be drilled to a total depth of
4400’. The Woods Trust continues to yield more
than 100 BOPD.
--- CMX plans to drill 2 vertical pilot wells in
Central Kansas in anticipation of a multiple
well horizontal drilling program. CMX has
acquired over 15,000 acres in an area that has
been identified as ideal for horizontal
drilling.
CMX, Inc. is a private independent oil and gas company
primarily engaged in the activities of acquiring,
developing, exploring and producing oil and gas in its
core areas of operation:Oklahoma
and Kansas.
In addition to maintaining their
large production presence in these
areas, CMX is aggressively acquiring
large acreage positions in areas
where significant deposits of oil
and gas reserves have been
identified.CMX’s exploration and
production strategy is to continue
to advance its value by leveraging
the 2 Principals combined 65 years
of experience and expertise in all
facets of the oil and gas business
along with incorporating leading
edge geological, drilling and
engineering techniques, such as
geomodeling, 3D seismic, horizontal
drilling, slick-water fracing, and
de-watering, to achieve our
objectives.
