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Madden Anticline

The Madden Anticline is located in central Wyoming, 65 miles west of the town of Casper, and lies in the deepest part of the Wind River Basin.  In total, Double Eagle owns an approximate 16.67% working interest in 734 acres on the anticline.   Through unitization, we acquired a 0.349% working interest in the Madden Sour Gas participating area ("PA") in the Madden Deep Unit and the Lost Cabin Gas Processing Plant. Under the current PA, we have 505 gross (84 net) acres that are included in the 24,088 acre PA total.  Our remaining acreage on the Madden Anticline has the potential to be included in the Madden Sour Gas PA, depending on future drilling locations.  The Unit is operated by ConocoPhillips.The Madison wells producing at Madden Anticline produced an average of 603 per day, net to our interest, in 2010. These are long-lived wells with large producing rates and reserves. Click here to view map

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DBLE
Common Stock
Price: $6.70
Change: 0.04 v 0.59%
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Data as of 2/3/2012 3:59 PM EST