Stratex Oil & Gas Holdings, Inc. ("Stratex") announced that it has elected to participate in six new horizontal wells in Colorado with Kerr-McGee, a division of Anadarko (NYSE). Stratex will participate in these wells with a working interest as well as on an overriding royalty basis. They are all horizontal wells targeting the Niobrara and Codell formations in Weld County, Colorado. Here are the specific wells:
- KerrMcGee Howard 9C-22HZ in the Codell Formation
- KerrMcGee Howard 10N-22HZ in the Niobrara Formation
- KerrMcGee Howard 24C-22HZ in the Codell Formation
- KerrMcGee Howard 24N-22HZ in the Niobrara Formation
- KerrMcGee Howard 25C-22HZ in the Codell Formation
- KerrMcGee Howard 25N-22HZ in the Niobrara Formation
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