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MCS - Chaparral Energy Highlights - November 20, 2019

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Chaparral Energy has been very encouraged by its spacing tests. Since late 2018, the company has conducted 13 spacing tests in Kingfisher and Canadian counties, Oklahoma, consisting of 46 Meramec and Osage completions, with IP30s exceeding expectations. The 28 Meramec wells (79% WI) produced IP30s of 943 boe/d (49% oil, 25% NGLs) from laterals averaging 4,901 ft, compared to the type curve IP30 of 747 boe/d. Eighteen Osage wells averaging 4,937-ft laterals delivered initial......
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