Marksmen Energy Inc. and its Joint Venture Partner, Houghton Investments LLC, completed the third well of its drilling program on June 6, 2014. The well was drilled to total depth on May 28, 2014. The completion process included setting of production casing, perforating in the targeted Cambrian Knox formation, and acidizing of the well.
During the completion process the well flowed oil to surface. The well will be tied-in and put on production in the next few days. Marksmen has a 100% working interest before payout and a 90% working interest after payout in this well.