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The well was completed in the Pettit formation with perforations at 10,435-10,438' and 10,448-10,458'. A significant increase over the current flow rates is anticipated after the stimulation.
The companyAclaimed that the prospect consists of over 12,800 gross acres with full development of this prospect potentially yielding 30 to 50 wells testing the Pettit and Rodessa formations. Striker has approximately 33% working interest before payout (25% after payout) on this prospect.
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