Woodbine sands in East Texas are capable of producing one million barrels of oil per well. The prospect that we have is approximately 2 miles from an Exxon lease that produced more than 1,000,000 barrels per well. Exxon wells potential was up to 1,600 barrels in 24 hour tests. Several wells produced 350 to 800 barrels per day flowing. The lease to be developed is north of the Van Oil field. Verification of hydrocarbons was done with remote sensing techniques, fault detection, soil gas metering and electromagnetic hydrocarbon and depth surveys.
We are seeking partners to join us in developing the lease. We would like to discuss this with you and send more information for your review.
Asking Price Available On Request
Sales Available On Request
Profit Available On Request
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