Drilling NOW!
Nueces County, 160Acres.
| Location | Nueces County, Texas |
| Land | 160 acres, adjacent to lease HBP |
| Proposed Depth | 7800′, down to the Upper Austin Oil Sand (no intermediate pipe needed) |
| Potential Zones | 9 potential targets Kaiser Oil Sand – IP’d 50 to 175 BOPD Bertram Oil Sand – IP’d 100 to 150 BOPD Wardner Oil Sand – IP’d 100 to 150 BOPD Plueger Oil Sand – IP’d 100 to 200 BOPD King Ranch Oil Sand – IP’d 50 to 100 BOPD Upper Austin Oil Sand – IP’d 100 to 150 BOPD |
| Geology | Faulted Closure and Stratigraphic trap. Depletion and Water drive reservoir with high recovery rates. 4 well potential. |
| Trade | 25% carry on initial well only, 75% NRI. |
| Potential Reserves | # MMBO & # BCFG (Still mapping up all the targets) |
| Offset Production | -Bishop, 0.25 miles away 2.7 MMBO & 41.2 BCF -Big Caesar, 2 miles away 578.8 MMBO & 10.4 TCF -Stratton Field, 2 miles away 104 MMBO & 3.3 TCF -Borregos, 2 mile away 124 MMBO & 3 TCF -Clara Driscoll, 4 miles away 21.7 MMBO & 107.2 BCF -Agua Dulce, 10 miles away 55.1 MMBO & 2.5 TCF |