EE3 LLC's Damfino #02-06H North Park Basin Niobrara Well Averages 685 BOEPD during 30-day Test Period Record Follows Hebron #3-12H Well's 24-Hour Test Rate of 1,054 BOPD

BOULDER, Colo., Dec. 10, 2013 /PRNewswire/ -- EE3 LLC (the Company), an independent oil and gas exploration and production company headquartered in Boulder, Colorado, today announced the highest reported 30-day initial production rate of a horizontal Niobrara well drilled in the North Park Basin.

The Damfino #02-06H produced 20,542 barrels of oil equivalent (BOE) during the 30-day test period averaging approximately 685 barrels of oil equivalent per day (BOEPD). A peak daily rate exceeded 1,000 BOEPD during the 30-day test. The average flowing casing pressure was 727 pounds per square inch from 5.5 inch casing with no production tubing.

Two days after the 30-day test, on December 5, 2013, the well was flowing 715 BOEPD on a 25/64 inch choke with a flowing casing pressure of 340 PSIG.

The Damfino #02-06H was drilled to 7,205 vertical feet before being completed with a 3,330 foot lateral in the Niobrara D bench. The well was completed with 18 stages of the plug and perforation process using a total of 3.7 million pounds of sand.  

This record 30-day well is located in Section 6, Township 6 North, Range 80 West of Jackson County, Colorado, in the center part of the North Park Basin. EE3 LLC holds a 100% working interest in the well.

ABOUT EE3 LLC

EE3 LLC is an independent oil and gas exploration and production company headquartered in Boulder, Colorado.  EE3 owns approximately 100,000 acres in the North Park Basin of Jackson County, Colorado.  The company's website is http://ee3llc.com

COMPANY CONTACT
T. Scott Martin (Chairman – CEO)
EE3 LLC
303-444-8881
info@ee3llc.com

SOURCE EE3 LLC



RELATED LINKS
http://ee3llc.com

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