First Titan Corp. says that drilling preparations are now underway at the company's lease near South Lake Charles, La.
The South Lake Charles prospect is one of two working interests that FTTN owns in Louisiana, one of the nation's top energy producing states. Two wells have produced 21.3 billion cubic feet of gas and 1.7 million barrels of oil in the South Lake Charles field. There is a proved trapping fault block on the west flank of the field, up-dip to production.
Currently, FTTN and its partners are standing by while the site is cleared and leveled, access roads are completed, water is sourced, and a reserve pit is dug. When that's complete, work will begin to rig up the location. FTTN expects drilling to begin next month.
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