Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Ray Deacon - Pritchard Capital.
Ray Deacon - Pritchard Capital
I had a question about the Cana step out well to the south I guess for Tom. I guess I know you talked about having one section of the Shale that you felt would be most productive and I was just wondering is that the part of the Shale that you see to the South and I guess do you feel like, by the end of this year, you may know whether the kind of Tier 1 acreages significantly bigger than that 30,000 acres you’ve talked about in the past?
Tom Jorden
When you say section, you mean vertically a stratigraphic interval?
Ray Deacon - Pritchard Capital
stratigraphic I thought you said one part of it was kind of more brittle and..
Tom Jorden
Yes, that’s correct. As we go south, the most brittle member is actually a different Stratigraphic portion of the Woodford, so we still are targeting the most brittle member as best we can identify, but it just so happens that, if you were later the logs down and correlate them, we’re currently drilling the Calvert well up into the center where we’ve done all the rest of our drilling. It is a little stratigraphically higher in this section. So we are proceeding on the same principle. There is a nice, brittle layer there.
It really is a function of our ability to effectively stimulate and then what the recoveries are. It is thinner, and we don’t I am speculating here, Ray I want to be very clear I am speculating because we don’t have any real, results, but we don’t really expect the area to the south to be as prolific as the area to the north because it is thinner. It is just a question, Cana we make very nice economic wells down there? We’ve got to get a couple of tests down before we can conclusively or probably a couple isn’t sufficient, but it will be a lot more than we know today. We are collecting data.
Ray Deacon - Pritchard Capital
I was just wondering that the other two Yegua and Cook Mountain rigs that you have operating I guess will those we will you be able to get news from those wells before year end or?
Tom Jorden
Well, we have two rigs in the Yegua and Cook Mountain, one of which well, they are both really drilling on the same prospect. One is the well I mentioned that we logged this morning. The second is a location just about 1300 feet north it is in the same reservoir and so we expect there’s a very high probability of success there.
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