Profile: Jagged Peak Energy Inc (JAG)
18 Aug 2017
Jagged Peak Energy Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations. As of September 30, 2016, it drilled and completed 16 horizontal wells. As of September 30, 2016, the Company held approximately 90% working interest in approximately 68,121 gross leased or acquired acres. The Company classifies its acreage position into three project areas: Whiskey River, Cochise and Big Tex.
As of September 30, 2016, it drilled and completed eight operated wells in the Whiskey River project area targeting the Lower Wolfcamp A, Upper Wolfcamp A and Wolfcamp B. As of September 30, 2016, it also drilled and completed six operated wells in the Cochise project area targeting the Lower Wolfcamp A, and drilled and completed two operated wells in the Big Tex project area targeting the Lower Wolfcamp A. As of September 30, 2016, the Company identified approximately 1,265 gross horizontal drilling locations in the Lower Wolfcamp A, the Upper Wolfcamp A, the Wolfcamp B and the 3rd Bone Spring Sand formations.
Jagged Peak Energy Inc
1125 17th St Ste 2400
DENVER CO 80202-2048