RAM Energy LLC Provides a Status Update on Current Drilling Activities
On 12/26/19, RAM Energy LLC (“RAM”) announced the drilling of the Ranger #1H in Fayette County, Texas in the Giddings field. The Ranger #1H was drilled to a total measured depth of 19,708 feet including a 5,600 foot lateral section. The Ranger #1H was drilled in record time taking only 20 days from spud to rig release. This well is scheduled to be completed in the first quarter of 2020.
RAM has an additional two (2) wells permitted and anticipates drilling these locations in the first quarter of 2020. The first well, Cliffhanger #1H, will be drilled from the same pad as the Ranger #1H and both wells, the Ranger #1H and the Cliffhanger #1H will be completed at the same time in order to take advantage of economies of scale. The second well scheduled in 2020, The Creed #1H, will be drilled to further delineate the western portion of RAM’s acreage.Return