Multi Well/Field offers the best opportunity for success in an Economic Rogersville Field, and draped/folded closure provides a perfect target for vertical wells. Production Mix 50/50 Oil/Gas.

Exceptional opportunity to produce the gravy out of the Oil/wet gas window from a slightly updip position superior to the newest Rogersville well completed the CHK Stephens which produced Oil Gas and big water.

Lower Maryville Est. IP's >1,000 bo/d + 6.2 mmcfg/d- 6400' lateral, >312 BOED/1000' and legacy decline suggests >480 bo/d + 2.9 mmcfg/d after 4 years and EUR of >1 mmbo + 1 mmboe in gas (based on Vert IP x 32 eq stages) Possible HDT's but primary is Mapped Sands of the Lower Maryville LS.

Field prospect closer to Exxon Smith #1 Well (highest TOC in core) and the first Rogersville sourced Oil & Gas production from deep Rome Trough.

Drilling depth to >700' thick Rogersville Shale Top @ 8,600' to 9,000' and basement at -10,000 to -12,000'.

Rogersville Depth & Thickness in the new release by the KGS support our data.

Significant Acreage & Superior Structural Position per the "Rome Trough Consortium's" Conclusions & Recommendations.

The Maryville & Rome Sands & possibly sandy Zones in the Rogersville are similar to a "Granite Wash" referred to as a "Subfeldspathic Arenite" in a recent Cimarex report on samples @ 12% porosity in nearby control.

Depth >7000' from surface & Horizontal Laterals >7,000' in length

Mapped above the high porosity Rome Net Sandstones & close to and up-dip of the highest TOC Rogersville Shale Source Rock Mapped to Date which is reported as the source of the deep local oil.

Chesapeake Energy flowing Back the 1st zone (work by FASCO week of October 30, 2015)

Frac in progress 8-18-2015,,-82.7624528,158m/data=!3m1!1e3

Their first Rogersville test (Stephens #1) near one of our control wells the (IGC 542 Young).
Permit issued Oil Well 7/21/15
14000' Permit# 111918 API# 16127031930000 STEPHENS, JANET ET AL LAW 1 Chesapeake Appalachia Reopening Strat for production.
DFIT Analysis began 1st week of Aug. Testing similar zones as pays in the Inland/Young-542 and Inland/White-529 Oil Well.
CHK increasing Intensity of Lease Acquisitions
Strat Permit# 111649, API# 16127031720000, confidential-1/8/2015, Drilling Stratigraphic
Second Strat for CHK reported current depth 12Kft Spud 1st week July 2015.

These High TOC shales have been tested by Cimarex Energy through Bruin Exp, @19 & 115 a 6500' Horizontal lateral should do between 650 and 1,300 BOED , Oil/Gas Ratio 165 BO/MMCFG and compares locally to 167 BO/MMCFG settled production from local control.

111981 16127031990000 YOUNG, SYLVIA ET AL 1 9/4/2015 25-T-81 1627FSL 2236FEL 38.087801 -82.824436 Rome Fm 669 15571 Horizontal BRUIN EXPLORATION LLC Second Horizontal Walbridge-1H Permitted 9-11-2015. Cimarex is drilling the Horizontal leg 11-30-2016

111983 16127031980000 J H NORTHUP LAW 1 9/4/2015 Drilling Oil Lawrence 15-S-84 1759FNL 1413FWL 38.04517 -82.578427 Rome Fm 1072 15500 Horizontal CHESAPEAKE APPALACHIA Logs release 12-2-2016

Cabot O&G drilled Rogersville along strike of our feature in Putnam County Wv, reported flowing into 8" pipe, Cabot #50-June 2015 Production 67.4 MMCFG

EQT drills first Rogersville HZ API#16115021380000 pumped 3.5 MM Sand.

Continental pays $1,475/NMA $9.4 M 85%WI 7500 Ac

Posted Oct 23, 2013

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.