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WS - Extraction adds producers in Q1, nears default in Q2 - June 9, 2020
During Q1, Extraction Oil & Gas drilled 34 wells (74% WI), completed 28 wells (82% WI) and turned 12 (92% WI) to sales. 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 County and Weld County, Colorado, with targets in the Niobrara A, B, C and Codell. The Broomfield wells averaged 12,113- ft effective laterals fracked in 55 stages using 10.8......
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