Details - Information last confirmed on February 12, 2021

Seedorf Prospect (Washington County, Colorado) - Seeking WI partner, 81% NRI, 25k land, 375k drilling. 50% WI available (20:1 Projected Payout)

$5,320 for 1% WI , $53,200 for 10% WI , $266,666 for 50% WI

This project is not built for the conservative business person, people with weak constitutions, who cry, blame, get angry or negative thinkers. This project is built for the daring explorationists, optimists who have faith in their own convictions. If you inherently fear risk, wait for others to make decisions for you, or wait for confirmation of a hypothesis by others before taking risk, this project is not for you. We have taken an open minded approach to prospecting in this area, utilizing good old-fashioned geologic reasoning in the purposeful search of large oil fields. You must be a courageous wildcatter to take part in this project. We make no claim that we are the first to prospect the J sand trend with an old-fashioned geologic approach, in fact the overwhelming majority of all the fields found to date in this prospect area were discovered using a strictly subsurface mindset. We stand on the shoulders of "giants", those wildcatters before us who left clues for us to chase down. The last field we discovered in this area , Spotted Dog ( 1,000,000 BO+), keyed off a downdip well with a decent log show, a clue left to us by those courageous wildcatters who came before us.

Washington County, Colorado, a part of the DJ Basin, is an area celebrated for its excellent reserves and shallow drilling depths (under 4000’). The productive zone in the area is the J sandstone, a marine deposit known for its exceptional porosities (25-30%) and permeabilities (1-5 darcies). Strong active water drives are associated with these reservoirs and can allow for up to 50% recovery of primary reserves. Trapping mechanisms are primarily structural. Wells are completed naturally with no stimulation. Reserves in this area can be in excess of 200,000 bbls/well.

The test well offsets the Seedorf 1-22, a well that had excellent core and log shows in the J sand. 50 ohms of resistivity was recorded in the top 3.5 feet of the J sand, which is indicative of pay. A core recovered 3.5’ of sandstone with solid oil saturation. A DST yielded 1883’ W, no oil. In 1983 this well was re-entered and a completion attempted in the top 2 ft of the sand. Two days of swabbing established oil production at a 2.5% oil cut and resultant 5-10 BOPD. The re-entry was deemed non-commercial and abandoned. Thinness of the pay and lower gravity of oil (19 API) in the area likely caused water to overrun the oil.

It’s evident from regional mapping in this area that nearby fields have northward tilted o/w contacts. Analog fields nearby such as High Pockets field (447,000 BO from 4 wells) and the Calhoon field (300,000 from 3 wells) produce on the northern flanks of structural closures. Wells flat to producers on the south side of these closures are all wet! That being the case, a north offset to the show well should encounter structural gain and a thicker oil column, sufficient for commercial production. We anticipate a 15’ thick oil column at the proposed location.

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