PetroLegacy Energy

07/19/2018

PetroLegacy Energy II, LLC (the “Company”) recently commenced drilling of its initial horizontal wells on its acreage position in northeastern Martin County, Texas. The Company is drilling a 3-well pad at its Lady Bird 22-14 unit targeting 3 distinct landing depths in the Lower Spraberry, Wolfcamp A, and Wolfcamp B. Initial production from the three (3) two-mile horizontal wells is expected in Q4 2018.

09/08/2017

PetroLegacy Energy has completed its initial pilot well at a TD of 11518’. While focusing on Spraberry and Wolfcamp zones, this well captures over 4500’ of prospective section through collection of geochemical and petrophysical data as well as rotary cores and 1100’ of whole core. The PetroLegacy team is encouraged by initial results, and excited to see what insights this data will provide. Stay tuned!

08/24/2017

Turning to the right!

05/03/2017

https://www.oilandgas360.com/encap-backed-petrolegacy-snags-20000-midland-acres-pioneer/

PetroLegacy Energy II, LLC snagged 20,000 net acres in northeastern Martin County, TX from Pioneer Natural Resources Company (ticker: PXD) for $266 million.

01/13/2017

The new sign is up!