Crimson Exploration Inc. (CXPO) Updates Oil and Gas Operations in Texas
Crimson Exploration Inc. reported an update on its oil and gas operations in the United States. The company is active in several onshore basins in Texas, where it is developing various plays including the Bossier, Haynesville Shale and Cook Mountain formations. In Texas, Crimson Exploration Inc. is active at the Fairway Farms Prospect area in San Augustine County. The company reported the completion of a well into the Bossier formation with an initial production rate of 10 million cubic feet of natural gas per day. This was the first well for the company at Fairway Farms. Crimson Exploration Inc. reported…