Unit Corporation has reported positive results in the multi-zone Hoxbar oil trend in Grady County, southwest of Oklahoma City. Unit is focusing on two formations within the trend, the oily Marchand sand and the wet gas Medrano sand. The company has drilled one well so far this year targeting the Marchand, which showed 30-day volumes of 2,444 boe/d, 60-day volumes of 2,063 boe/d, and 90-day volumes of 2,013 boe/d (80% oil). Two wells have......
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