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Peregrine Petroleum commences drilling in Ellis County, Oklahoma

Peregrine Petroleum Partners, Ltd., doing business as PPP Petroleum, LP, has commenced drilling operations on its USA 5-29H Well in Ellis County, Oklahoma.  The horizontal well, located in Section 29 of T17N-R23W, is designed to be drilled to a depth of 9,720’ TVD and 14,500’ MD in the lower Cleveland formation.  Peregrine owns 94.1% of the drilling venture.  Peregrine operates 49 wells and owns over 12,000 net acres in the lower Cleveland trend of Ellis and Roger Mills Counties, Oklahoma.

Peregrine Petroleum at Nape Summit

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