Trans Energy, Inc. (OTC Bulletin Board: TENG) recently shared that it has begun drilling the Whipkey #2H well in Marshall County, West Virginia. The Whipkey #2H will be drilled and completed horizontally in the Marcellus shale.
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Trans Energy has completed drilling the vertical portion of the Whipkey #2H well to a depth above the kick-off point of approximately 6,500 feet. A second, larger rig is currently arriving to drill the horizontal portion. James K. Abcouwer, President and CEO of Trans Energy, said, "With the arrival of the larger drilling rig we plan to complete drilling horizontally both the Whipkey #1H and the Whipkey #2H, both of which are located on the same drilling pad. We have to-date successfully drilled four vertical Marcellus wells. We have also successfully drilled and completed one horizontal Marcellus well, the Hart #28H, and partially drilled the vertical sections of three horizontal Marcellus wells, the Anderson #7H in Wetzel County and the Whipkey #1H and Whipkey #2H in Marshall County, West Virginia. Continuing our horizontal development program is another significant step forward for Trans Energy to properly develop its acreage position in northern West Virginia." Trans Energy continues to expand its acreage position centered on Wetzel, Marion, and Marshall Counties in West Virginia, which it believes to be the heart of the most prolific natural gas resource in Appalachia, and one of the greatest in the United States. Trans Energy, Inc. (OTC Bulletin Board: TENG) is an oil and gas exploration and development company in the Appalachian Basin.
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