Independence Energy Corp. (OTCBB:IDNG) reported that the contracted drilling rig has arrived at its Taylor-MEI #113 well in Texas.
As quoted in the press release:
The Taylor-MEI #113 is part of a two well re-completion program targeting potential oil bearing formations shown to be productive in the area. The two wells, the Taylor-MEI #113 and the Taylor-MEI #115, were originally drilled to, and completed in, the Ellenburger formation (4,400 feet) and are scheduled for re-completion to the Gardner Sandstone formation (3,700 feet).
Click here to read the Independence Energy Corp. (OTCBB:IDNG) press release.