Question-and-Answer Session
Operator
Certainly. (Operator Instructions) And first we'll go to the line of Scott Hanold with RBC Capital Markets. Please go ahead.
Scott Hanold - RBC Capital Markets
Good morning.
Nicholas J. DeIuliis - President, CEO
Good morning, Scott.
Scott Hanold - RBC Capital Markets
It sounds like you guys got a lot going on here operationally and elsewhere.
Looking at I guess your shale assets which it seems like you're going to really start to take a hard look at here over the coming year, can you kind of give us a sense - I know you'd indicated you're going to be drilling some Marcellus as well as lower Huron wells and Chattanooga wells. What's sort of the timing of those, and can you kind of give us an idea of like how many of each type of well you're going to be drilling?
Nicholas J. DeIuliis - President, CEO
Yeah, I'll turn that over to DeAnn Craig.
DeAnn Craig - SVP Asset Assessment
Yes. Hi, Scott.
Well, with the success that we're having with Chattanooga, immediately we've got programs for a minimum of three more wells very near term.
New Albany, we actually just recently TD'd the vertical portion of an exploration well, and we're looking at how we're going to be going horizontal and what kind of appropriate stimulation program we're going to have there. And that will determine how many and how soon those wells will be.
Marcellus, we have one drilling now. Again, we're looking at that and that will determine the two or three more that we're hoping to go ahead and do this year.
And then I know I'm leaving out the Huron, and right off the top of my head, we do have several Huron wells planned this year, but they are going to be a little bit later in the year.
Scott Hanold - RBC Capital Markets
Okay, so--
DeAnn Craig - SVP Asset Assessment
Chattanooga is very busy right now.
Scott Hanold - RBC Capital Markets
Okay, so we should start hearing some news as far as some of the results of some of these shale plays by around midyear, is that a fair statement?
DeAnn Craig - SVP Asset Assessment
You know, I'm going to go ahead and get those results before I go ahead and commit to that. Right now, particularly on the Chattanooga what we're doing, not only are we going to be looking at the area that we are in, but we're really branching out just to see the extent of the fairway and the extent of our model.
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