Dallas, TX, December 10, 2008 --(PR.com
)-- Alex Parvizian, Arcturus President, announced to day that the Means Well #2 has returned investors and their company a return of 150.57% and a total well revenue of $9,067,549.00. The means #2 well was first drilled may of 2000 in Washington County, Texas. This county is one of many which lie in the middle of the Gidding Field and Auston Chalk trend.
Using the most advanced technology of it's time, Arcturus implemented horizontal drilling technics to do nothing more than drill a better well and the results became so much more. Horizontal Drilling, which enables drill pipes to move horizontally, significiantly increases a wells production, recoverable reserves, and makes a smaller well imprint on the environment. In retrospect they wish they would have drilled every well horizontally, but in reality, they were one of the first companies to drill horizontal wells in the Austin Chalk. Their fifteen year track record literally speaks for itself, and their success can be directly attributed to this technology.