Silurian Reef Infield Drilling (2-Well Program)
• Silurian Reef Infield Drilling
• 75.00% Working Interest (60.00% NRI) - One-Quarter WI for One-Third
Total Expenditures
• 2 – Drilling Locations
• Individual Well CAPEX: $450,000.00 (2-Well
Development CAPEX: $900,000.00)
• Immediately Adjacent leaseholds wells have average IP rate
of 80 BOPD – waterflood increase IP possible for two (2) initial well locations
• Adjacent to waterflooding operation for increased recovery factor
• Room for additional future development - working interest assigned directly to owners
• Primary Target Zone: Producing Silurian Reef
Financials (USD)
Asking Price Not Disclosed
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Silurian Reef
Is Seismic Available? No
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