May 23, 2014
Horizontal Drilling Is On the Rise in Permian As Producers Chase Tight Oil
For the past several years, the Permian Basin remained an area where vertical drilling was still the principle method of extraction, even as horizontal drilling and hydraulic fracturing become ubiquitous in the Eagle Ford Shale, the Bakken, and other shale plays in the United States.
Boomerang Oil, Inc. Provides Corporate Update
The Company confirms its intention to undertake both a well stimulation program to maximize production presently from its economic well, and additionally to prepare drill its first deep well located in the Crawar Field in Ward County.