Printer Friendly

MAXUS ENERGY ANNOUNCES SUCCESSFUL EXPLORATORY WELL ON MAIN PASS 181

MAXUS ENERGY ANNOUNCES SUCCESSFUL EXPLORATORY WELL ON MAIN PASS 181
    DALLAS, Nov. 13 /PRNewswire/ -- Maxus Energy Corporation (NYSE: MXS) announced today that an exploratory well has been successfully completed on Main Pass 181, a lease held by Diamond Shamrock Offshore Partners (NYSE: DSP), Maxus' master limited partnership.
    The No. 2 well logged approximately 29 feet of net gas pay from multiple upper Miocene sands.  First production from both the discovery well, announced in early 1991, and the No. 2 well is expected by mid- December.  The combined initial production is expected to be 11 million cubic feet per day.
    DSP holds 100 percent interest in the block, which is located offshore Louisiana.  Additional drilling on the block currently is being evaluated.
    Dallas-based Maxus Energy Corporation, the general partner of DSP, is one of the largest exploration and production companies in the United States.
    -0-          11/13/91
    /CONTACT:  Linda Covington, 214-953-2844, or analysts, Doug Graham, 214-953-2819, both of Maxus Energy/
    (MXS DSP) CO:  Maxus Energy Corporation ST:  Texas IN:  OIL SU: FC -- NY020 -- 3829 11/13/91 10:05 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 13, 1991
Words:180
Previous Article:/C O R R E C T I O N -- NIPPON LIFE/
Next Article:GTE ANNOUNCES RECEIPT OF $11.2 MILLION U.S. ARMY CONTRACT TO MODERNIZE TELECOMMUNICATION SYSTEMS; POTENTIAL CONTRACT VALUE ESTIMATED AT $573 MILLION
Topics:


Related Articles
MAXUS ENERGY REPORTS FIRST QUARTER RESULTS
MAXUS ENERGY TAKES BP AS PARTNER IN VENEZUELA PROJECT
MAXUS ENERGY REPORTS THIRD QUARTER RESULTS
MAXUS ENERGY SIGNS CONTRACT FOR SECOND BOLIVIAN BLOCK
MAXUS ENERGY ANNOUNCES 1,650 B D WELL IN BOLIVIA
MAXUS ENERGY GIVES RESULTS FROM SOUTHEAST SUMATRA WELLS
MAXUS ENERGY REPORTS SECOND-QUARTER RESULTS
MAXUS ENERGY REPORTS FIRST QUARTER RESULTS
Maxus Energy Reports First Quarter Earnings; Declares Dividends On Preferred Stock
YPF S.A. Announces Important Discovery In Bolivia.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters