Peak Exploration & Production LLC's Iberlin 1-10 TH well, targeting the Cretaceous Turner formation in Campbell County. Wyoming, came on as a bit of a surprise in July with a reported 24-hour initial production (IP) rate of 2.600 barrels of oil. 4,3 million cubic feet of gas and 250 barrels of gas liquids per day. And that How rate is conservative, as the well was produced through a 40/64-inch choke. "We could have IP'd it higher had we wanted." acknowledges Peak E&P chief executive Jack Vaughn. "We could have opened the well and gotten 3.000 barrels a day."
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