Have a huge potential prospect in Eastern Montana with 3D and Good Control. Some of the largest EUR wells in the USA have been drilled in the Prolific Nisku formation.
Located on the Prolific West Poplar Dome near Poplar, Montana that has been producing since 1952.
Some of the highlights include:
1. EUR from one well 1,284,000 barrels - $59,000,000
2. Area 214 acres,50 Feet of Closure,Documented by high quality 3D Seismic
3. Up Dip to show well,32 Feet of calculated pay and show of oil in sample chamber.
4. Multi Pay Zones in one wellbore include: Charles,Basal
Lodgepole,Bakken,Three Forks and Nisku.There are single wells in the Nisku that have recovered 3 Million barrels
from one wellbore!
3. 22 to 1 with a 3 Month potential payout
4. Projected Total Depth 7750 Feet
5.Cost $600,000 for the Geology,Acreage and 3D Seismic
6. Drilling,Testing and Completion estimated at $1,098,000
7. Terms 12.50% WI carry to the tanks. 75.00% Net Revenue Interest.
8.WI is available from 8.75% WI ($166,698) to the whole deal 87.50% WI ($1,666,980)
If you are looking for a high impact project that could easily be a "grand slam" or "company maker" this could be it.
The economics are incredible on this deal. ( Reasonable Drilling Costs,3D, Well Control)
This is a deal that really makes sense in this low price commodity environment.
NDA/NC required. Call or e mail for additional information.
OIL AND GAS EXPLORATION IS CONSIDERED HIGH RISK AND CAN RESULT IN 100% LOSS OF INVESTED CAPITAL.
THIS PROJECT IS FOR OIL AND GAS OPERATORS OR INDUSTRY PLAYERS THAT FULLY UNDERSTAND THE INHERENT RISKS AND REWARDS OF OIL AND GAS EXPLORATION.
Asking Price $1,666,000
Sales Between $1,000,000 and $2,500,000
Profit Between $50,000,000 and $50,000,000
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