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The proposed target depth for the No.3 well (seventh well to be drilled on the Red Creek prospect) is 2,450 feet with No.4 to hit 2,600 feet.
2003 ended on a disappointing note for the company with both the Seay Land and Cattle Company No.1 well and Rash Barrett A #2 indicating no oil shows.
The Seay Heirs No.1 and Rash Barrett 24-1 wells on the prospect are currently averaging in excess of 60 barrels of oil per day.
The operator is Trio Consulting and Management LLC, while Amadeus has a 60% working interest in the Rash Barrett lease.