FOR IMMEDIATE RELEASE
Leslie Hoffman – Black Elk Energy Offshore Operations, LLC
Houston, TX – 17 June 2013 – Black Elk Energy Offshore Operations, LLC ("Black Elk Energy"), an independent oil and gas company headquartered in Houston, reported today the successful flowtest at Ship Shoal Block 198 Well #I-6. This is the first of a four well capital campaign at Ship Shoal Block 198. The well was tested and is flowing at an average rate of 480 barrels of oil per day. The flowing tubing pressure was 1,980psi on a 15" choke.
"I'm extremely pleased that we have another successful flowtest to report", says John Hoffman, President and Chief Executive Officer of Black Elk Energy. "These results confirm the potential of the three remaining drill wells at Ship Shoal Block 198. We are very excited to continue the capital program. Ship Shoal Block198 Well #I-6 marks the fourth successful well for Black Elk Energy in our 2013 Capital Campaign. Thank you Black Elk Team for your hard work."
About Black Elk Energy Offshore Operations, LLC
Black Elk Energy Offshore Operations, LLC (www.blacelkenergy.com) is an independent oil and gas company headquartered in Houston, Texas. The Company's seasoned industry executives have extensive exploitation experience and knowledge with a demonstrated track record of increasing reserves and production while lowering costs. Our team of professionals is dedicated to performing to the highest industry standards, operating within regulatory requirements, and maintaining its stance as a good corporate citizen.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of Black Elk Energy Offshore Operations, LLC ("Black Elk Energy") and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, and involve known and unknown risks and uncertainties. Although Black Elk Energy believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Black Elk Energy's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Black Elk Energy's periodic reports that are filed with the Securities and Exchange Commission and available on its website at www.sec.gov. All forward-looking statements attributable to Black Elk Energy or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, Black Elk Energy does not assume a duty to update these forward-looking statements.