South Waltman
Located approximately 15 miles southeast of the Madden Anticline and three miles south of the Cave Gulch field, Double Eagle operates the South Waltman field with an average working interest of 46.67% in the acreage. To date, two wells have been completed. The Waltman 34-24 well was drilled and completed at a depth of 4,349-4,374 feet. The Waltman 24-24 well was drilled to a total depth of 9.342 feet and was completed in several Lance zones. The Waltman 24-24 began producing July 31, 2009. Average daily rates as of August 27, 2009 were 1,287 Mcf and 13.5 Bbls of oil on a 16/64 inch choke with casing pressure of 750 psi and flowing tubing pressure of 700 psi. Double Eagle has the potential to drill up to six additional wells in this area.
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