Drilling in end of 2023.
Jim Wells County, 225 Acres.
| Location | Jim Wells County, Texas |
| Land | 225 acres, 18 months paid up lease |
| Proposed Depth | 5550′, down to the Stillwell Formation (no intermediate pipe needed) |
| Potential Zones | 8 potential targets Hollow Tree Gas Sand – IP’d 300 MCFD Ragland Oil Sand – IP’d 50 BOPD Davis Oil Sand – IP’d 50 BOPD Bierstadt Oil Sand – IP’d 150 McNeill Oil Sand – IP’d 150 BOPD Stillwell Gas Sands – IP’d 600 MCFD |
| Geology | Down-to-the-coast fault. Water drive reservoir with high recovery rates. 4 well potential. |
| Trade | 25% carry on initial well only, 75% NRI. |
| Potential Reserves | 2 MMBO & 1.4 BCFG |
| Offset Production | Bernsen Field 500,000 BO & 1.5 BCF Tom Graham Field 7 MMBO & 176 BCF Alice Field 6 MMBO & 62.7 BCF Ben Bolt Field 10.6 MMBO & 105.5 BCF Magnolia Field 14 MMBO & 57.4 TCF Alfred Field 2 MMBO & 25.2 TCF |