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Ethos Energy, LP , a company focused on the exploration of oil and gas , announced the commencement of drilling, or "spudding," of the Landry #1 in Lavaca County, Texas. The Landry #1 is a developmental natural gas well that is to be drilled to a depth of approximately 9,950 feet.
"We have a great rig with a great crew and a very experienced operator," said Tony Morrison, the president of the general partner of Ethos Energy. "Everything is in place for what we expect will be a quick and smooth drill."
"We have an abundance of data from this field and from the numerous wells that have been drilled near the Landry #1," said Brandon Laxton, senior broker at Texas Securities Partners, Inc., registered placement agent for Ethos Energy. "All the indications are that this is going be a very good well."
It is expected that drilling , which commenced on October 2, 2007, will take approximately 17 days.
Texas Securities Partners, Inc. is the registered placement agent for Ethos Energy, LP.
Texas Securities Partners, Inc. is a FINRA registered broker/dealer solely dedicated to the oil and gas industry. The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization
of the securities industry. Neither FINRA nor any other securities regulatory organization endorses, indemnifies, or guarantees any member's business practices, selling methods, class or type of security offered, or any specific security.
Ethos Energy LP is a privately held energy company
which focuses on the exploration and development of oil and gas in Texas. Through the latest technology and the best available research, Ethos Energy endeavors to use the expertise of world class geologists and geophysicists to best identify the most successful prospects in the oil and gas market
.
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Originally posted at 5:11PM, 19 October 2007 PDT
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easi.easi edited this topic 56 months ago.
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