HOUSTON, March 23, 2012 /PRNewswire/ -- Yuma Exploration and Production Company announced flowing results on its La Posada discovery in Vermillion Parish. The well is currently flowing at a gross daily rate of 23,000 Mcf/d, 875 barrels of natural gas liquids and 470 barrels of oil.
The company is drilling its first development location now at a depth of 13,000 feet and expects to reach total depth of 18,900 in ninety days.
The company has also commenced a 3D survey over its Tigre Lagoon project area which is near the La Posada discovery.
SOURCE Yuma Exploration and Production Company