Duval County, 272 Acres.

Location | Duval County, Texas |
Land | 232 acres. 3 years paid up lease. Deep rights down to the base of the Wilcox (~20,000 ft.), 1st well holds entire lease |
Proposed Depth | 6500′, down to the bottom of the Yegua Section (no intermediate pipe needed) |
Potential Zones | 21 potential targets 1100′ Miocene Oil Sand – IP’d 50 to 100 BOPD 3450′ Frio Oil Sand – IP’d 50 to 75 BOPD Hockley Tedley Sand – IP’d 50 to 100 BOPD Hockley Woodley Sand – IP’d 50 to 100 BOPD Hockley Parr Sand- IP’d 50 to 100 BOPD Yegua Oil Sands – IP’d 50 to 100 BOPD |
Geology | Graben trap structure. Water drive reservoir with high recovery rates. 5 well potential. |
Trade | 25% carry on initial well only, 75% NRI. |
Potential Reserves | 3.5 MMBO |
Offset Production | Cadena Field, 500 feet away 2.05 MMBO & 17.9 BCF Tesoro Field, .25 miles away 1.15 MMBO & 1.5 BCF San Diego Field, 1 mile away 1.36 MMBO & 15.9 BCF Piedras Pintas, 3 miles away 4.7 MMBO & 0.4 BCF Bridwell Field, 3 miles away 1.2 MMBO & 2.7 BCF Benavides, 5 miles away 22.2 MMBO & 15.9 BCF |