He and the Kingfisher team are extremely focused on operational excellence, aggressively creating solutions for producers as production expands in this basin and expanding the business. Out of the more than wells on production today, greater than of these, are more than a year into their production history.
All participants will be in a listen-only mode. How did you say that you guys are going to be self funding in early is that what you said?
Our extensive infrastructure also allows us to reduce our drilling completion costs related to frac water and LOE, related to salt water disposal. In addition to the crude oil investment Kingfisher continues to execute on its core plans for Scott Grant Thank you, operator.
So our early adoption of open hole completions isolated by [indiscernible] for example is giving its competitive edge. To this end, we recently drilled and completed our first well in Major County, the well is in early flow back and we are optimistic about the possibilities this area holds.
Our production growth was accomplished through consistent operational execution, shorter completion cycle times, improving efficiencies and continued solid performance from new wells. Producers commissioned a third automated dedicated frac spread in the first quarter and last month opened the state-of-the-art service and inventory facility in Hennessey, Oklahoma, right in the middle of our footprint.
With the experienced low-cost operator in the STACK oil window, our asset basis of scale and concentration to drive operating efficiencies, we have been integrated midstream platform that de-risk upstream growth and create additional margins and returns.
And we solved that in our view by taking the remaining FTE on Panhandle and taking a position on the OTT Expansion which of course gets us [indiscernible], which is not a fabulous place to go today, but it does provide an outlook.
We also wanted to be clear to our investors that management has highly invested and aligned to shareholders. Most of the non-recurring costs were associated with the transaction and they involve fees associated with bankers, lawyers and with the termination of our a plans. Finally Cimarron Express represents an additional source of growth in the value chain for Kingfisher Midstream.
A vivid example of this is our -- is in our principal frac provider producer services, a highly efficient group of industry veterans based in Zanesville, Ohio.
This poem is important because it accurately represents the stream of consciousness one might experience while idly staring out a window. The complexity does not relate to operating results but rather business combination reporting efforts.
The poem gets even weirder when he professes that he actually prefers this robotic lifestyle and praises the great apparatus that he considers our planet.
To those of you, who have not met Scott he recently joined our team as Vice President of Finance and Investor Relations and uncertain many of you will have a chance to interact with him going forward. Our gathering processing and water systems de-risk our upstream operations, lower our upstream costs and enable our growth.
While our capital focus in is directed to multi-well pad development drilling in Kingfisher County, we are also taking steps to delineate, and prove up STACK out acreage.
As a leading developer of the STACK oil window Alta Mesa has now drilled over wells in a concentrated asset basis scale and we have strong confidence in the long term economic productivity from the rock.
You can download the slides from the Investor Relation section of our website at altamesa. It seems as if the narrator is losing his sense of being human and being sucked in the industrial world, where feelings and emotions are nonexistent. Before I turn it over to the operator for questions I want to reiterate just a couple of points.
The narrator shifts again at the end, instructing the reader to join him in admiring our beautiful world and all in it that we take for granted.At the top of your Opera window, near the web address, you should see a gray location pin. Click it. In the window that pops up, click Clear This Setting; You're good to go!
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TPSQ1 Precision Voltage Supervisor with Programmable Window Watchdog Timer datasheet (Rev. A) View now; Download The TPSQ1 includes a programmable window watchdog timer for a wide variety of applications. Q1 ESSAY In Denis Johnson's poem "Looking Out The Window", he includes unusual language and punctuation, mundane (yet meaningful) imagery, and emotional shifts in order to emphasize the redundancy of his life as he slips into a state of emotional numbness and falls into the industrial undertaking of the modern world.
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Our team understands that identifying complete blue-collar block and tackle work that reduces LOE and sustained production. Out of the more than wells on production today, greater than of these, are more than a year into their production history.
Q1 Regional share by proceeds Global IPO market. Driven by stronger growth expectations and rising inflation, market volatility at the end of February saw many volatility indices spiked, slowing IPO activity.
IPO candidates will need to keep a close watch in the short term to evaluate the right IPO window.Download