Drilling February 2025
Jim Wells County, 171 Acres.
| Location | Jim Wells County, Texas |
| Land | 171 acres, 3 year paid up lease, All depths, 2nd well holds entire lease |
| Proposed Depth | 5825′, down to the Stillwell Formation (no intermediate pipe needed) |
| Potential Zones | 15 potential targets Miocene Gas Sands – IP’d 300 MCFD Hollow Tree Oil Sands – IP’d 25 to 50 BOPD Pundt Sand – IP’d 75 to 150 BOPD Beirstadt Oil Sand- IP’d 5 BOPD & 700 MCFD McNeill Oil Sands – IP’d 75 to 150 BOPD Lou Ella Sand – IP’d 50 to 100 BOPD & 700 MCFD Stillwell Sands – IP’d 5 BOPD & 700 MCFD |
| Geology | Faulted Graben Closure. Water drive reservoir with high recovery rates. 3 well potential. |
| Trade | 25% carry on initial well only, 75% NRI. |
| Potential Reserves | 1.7 MMBO & 8.6 BCFG |
| Offset Production | Orange Grove Field, .25 mile away 5.3 MMBO & 19 BCF Wade City Field, 1 miles away 10.2 MMBO & 84 BCF Quinto Creek Field, 1 mile away 1.9 MMBO & 44 BCF Reynolds Field, 2 miles away 2.6 MMBO & 8 BCF Richard King Field, 8 miles away 22.5 MMBO & 83 BCF Aqua Dulce Field, 12 miles away 54 MMBO & 2.75 TCF |