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PS - Extraction adds producers in Q1, files for Chapter 11 in Q2 - June 2020
During Q1, Extraction Oil & Gas drilled 34 wells (74% WI), completed 28 wells (82% WI) and turned to sales 12 (92% WI). The completed wells averaged 2.3-mile laterals, while those turned in line averaged 2.1 miles. The Q1 completions were split 50:50 between Broomfield and Weld counties, Colorado, with targets in the Niobrara A, B and C and the Codell. The Broomfield wells averaged 12,113-ft effective laterals fracked in 55 stages using 10.8......
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