Drilling end of Q4 2025
Duval County, 232 Acres.
| Location | Duval County, Texas |
| Land | 232 acres. 3 years paid up lease. All depths. |
| Proposed Depth | 4100′ Down to the bottom of the Yegua section (no intermediate pipe needed) |
| Potential Zones | 15 potential targets Cole Oil Sand – IP’d 20 to 250 BOPD Dougherty Oil Sand – IP’d 50 to 250 BOPD Government Wells Sand Series – IP’d 50 to 100 BOPD Mirando OilWoodley Sand – IP’d 50 to 100 BOPD Pettus Oil Sand- IP’d 50 to 100 BOPD Yegua Oil Sands – IP’d 50 to 100 BOPD |
| Geology | Faulted / Stratigraphic. Water drive reservoir with high recovery rates. 3 well potential. |
| Trade | 25% carry on initial well only, 75% NRI. |
| Potential Reserves | 3.2 MMBO |
| Offset Production | Hoffman Field, 0.25 miles away 61 MMBO & 22.2 BCF Peters Field, 3 miles away 4.1 MMBO & 18.6 BCF Cedro Hill Field, 3 mile away 6.7 MMBO & 2.8 BCF Loma Novia Field, 5 miles away 108.5 MMBO & 201.5 BCF Lundel Field, 5 miles away 21.7 MMBO & 139.9 BCF Government Wells, 10 miles away 108.5 MMBO & 201.5 BCF |