Latest News

October 30, 2008

Compass announces the completion of its Markert-Brown 1H well in Lee county, Texas as a commercial producer.  Compass plans to place the nearby Kleinschmidt 1H well on production soon. 

October 29, 2008

Compass announces its intent to sell it Wyoming Shale properties via a marketing agreement with Meagher Oil and Gas Properties, Inc.  More information is available at www.meagheroil.com .

October 17, 2008

Compass announces the execution of a gas gathering and marketing agreement with DCP covering its Markert-Brown 1H and Kleinschmidt 1H wells, Lee county, Texas.

August 12, 2008

Compass announces commencement of drilling operations for the Kleinschmidt 1H well iin Lee County, Texas.

June 23, 2008

Compass announces commencement of drilling operations  for  the Markert-Brown 1H well in Lee County, Texas.

May 30, 2008

Compass announces the completion of Ferris 1- 1H and McKenzie 1-7H wells as producers from the Cretaceous Mowry formation in Wyoming.

In addition, Compass received approval from the Texas Rail Road Commission to drill the Markert-Brown 1H and Kleinschmidt 1H in Lee County, Texas.

 

April 18, 2008

Compass announces that it has assembled approximately 18,000 gross and 16,000 net acres in its Panther Creek Prospect in South Central Texas.  Two wells are planned beginning in May, 2008.

March, 2008

Compass announces it continues the completion procedures on the Ferris1-1H well, Carbon County and McKenzie 1-7H well, Natrona County, Wyoming.

January 28, 2008

Nancy Zamarron joins Compass Resources Corporation I as Engineering Technician.

November 28, 2007

Compass commences drilling operation on its Ferris1-1H well, Carbon County, Wyoming.

October 27, 2007

Compass commences drilling operation on its McKenzie 1-7H well, Natrona County, Wyoming.

August 15, 2007

James Kendall joins Compass Resources Corporation I as Vice President, GeoScience.

July 5, 2007

Rex Henderson joins Compass Resources Corporation I as Manager, Land & Contracts.

June 7, 2007

Compass Resources Corporation I announces its affiliate Compass Resources Operating, LLC  has acquired approximately 100,000 net acres in Wyoming. Compass and its partners are pursuing a newly developing resource play from the Cretaecous Mowry formation with plans to drill two wells in the fall of 2007.

May 3, 2007

Roberto Estrada joins Compass Resources Corporation I as Manager, Finance and Administration.

May 1, 2007

Jay B. Knaebel joins Compass Resources Corporation I as Vice President, Reservoir Enginnering and Corporate Development.

February 1, 2007

John L. Morgan joins Compass Resources Corporation I as Vice President, Production and Operations.

November 7, 2006
Compass Resources Corporation I moves in to its new headquarters at 1717 St. James Place, Suite 220, Houston Texas 77056.

October 27, 2006
Compass Resources Corporation I is formed to acquire, exploit and produce hydrocarbons.