Empire Petroleum successfully completed a 21,006-foot re-entry and subsurface evaluation of the Wakefield-Harrison GU B #1 well in Madison County, Texas, marking a significant milestone for its deep-gas expansion strategy, announced on 17 August 2026.
“The Western Haynesville continues to be proven up around us by operators drilling deeper and spending $30.0 million to $45.0 million per well,” said Board Chairman Phil Mulacek. “I am proud that the Company is the first microcap energy company to reach a depth beyond 21,000 feet with modern logs and sidewall cores at temperatures of 434 degrees Fahrenheit.”
“We reached more than 21,000 feet for roughly $4.4 million by re-entering a wellbore drilled in 1959 and left shut in for decades,” Mulacek explained. “The rock has not changed, but what has changed is the industry’s ability to complete it. Other operators in the broader Western Haynesville are producing more than 30 million cubic feet per day from the same stratigraphic section.”
The company now holds modern log and core control across more than 11,000 feet of new section, backed by an owned midstream network consisting of 49 miles of pipe and 9.5 million cubic feet per day of new compression.
“I believe we have achieved a transformational event for the Company and its shareholders,” Mulacek concluded.
Read the full press release or view the technical brief.