Our Current Oil Property
Texas Field Working Interest Producing Oil property being acquired 2,364,207 Barrel Reserve Potential 100 acres with 54 existing wells Secondary Recovery & Planned Production ~108 to 216 barrels/day probable ~432 barrels/day potential 3 new wells to be drilled to deeper zone 85% Working Interest TOTAL RESERVE POTENTIAL: 2,364,207 BBL’s (Verified by SEC 53-101) PHASE 1 Planned Production: ~108 to 216 BO/d PHASE 2 Additional Planned Production: Rework to ~270 to 432 BO/d PHASE 3 New Wells: Drill 3 New Wells Some Photos of Our Property and Work in Progress: Our Oil Holding tanks, these tanks hold 180 barrels. Oil Well Head Clearing and tidying the area around Well heads Cleaned Well head site. Pole-mount Solar Panel to power our digital reading equipment, remote monitoring to be online by the end of Jan/2010 Setting up our new compressor to be installed within this steel container Laying pipe in place, preparing to be trenched and buried Pipes being place underground More piping being placed underground and starting to backfill the trenching Pipes in placed underground; this T-joint ties in multiple wells to the one line Piping leading up to a well head Our Electrical Sub-station being upgraded and maintained Another shot of our Electrical Sub-station being worked on Cleaning out sludge from the bottom of the Oil holding tanks Collecting Salt Water
Texas Field
Working Interest