BANDERA ENERGY PARTNERS ANNOUNCES INITIAL RESULTS OF CASAMIGOS #1H & 2H WELLS

May 1, 2024 (Fort Worth, Texas)- Bandera Energy Partners LLC is pleased to announce initial production results from the first Lower Eagle Ford Shale wells drilled in the new company. The Casamigos #1H and #2H were drilled on Bandera’s Project Agave leasehold in southwest La Salle County, Texas.

The Casamigos #1H was drilled to a measured depth of 21,785 feet with a perforated interval of 10,274 feet and proppant loading of 2,222 pounds per foot. The Casamigos #1H tested at on a 26/64” choke at gross wellhead rates of 3 barrels of oil per day (bbl/day) and 15,111 Mcf of natural gas per day (Mcf/day), or 15,130 Mcfe/day. The #1H reported 30-day gross wellhead rates of 3 bbl/day and 13,294 Mcf/day.

The Casamigos #2H was drilled to a total measured depth of 21,414 feet with a perforated interval of 9,966 feet and proppant loading of 2,214 pounds per foot. The Casamigos #1H tested at on a 24/64” choke at gross wellhead rates of 1 barrel of oil per day (bbl/day) and 12,312 Mcf of natural gas per day (Mcf/day), or 12,318 Mcfe/day. The #2H reported 30-day gross wellhead rates of 2 bbl/day and 11,292 Mcf/day.

Bandera is planning an additional two wells in the second quarter of 2025.