Nov 25, 2018 — Have a very unique prospect in Tennessee about 110 Miles East of Memphis on I-40.The target is the famous Trenton Limestone. The prospect has a show well on the leasehold that was drilled in 1990 to 3005 Feet and had oil recorded on the surface.The well was logged and showed pay in the Trenton and the Black River Oil Zones from about 900 Feet to 1500 Feet.
The prospect has similar characteristics to the famous " Lima Field " discovered in 1885 in NW Ohio that produced 600 MM Barrels ( $30 Billion at today's prices). In 1886 the Lima Field in Ohio was the top producing oil field in the USA and started the Giant NYSE listed Marathon Oil. John D Rockefeller even built a special refinery in Cleveland for all the oil.
There is also another analog field in Southern Michigan discovered in 1957 called the Albion/ Scipio field that has produced over 130 MM Barrels.
What is so incredible about this prospect is the shallow target depth of 1200 feet with huge potential reserves with a very low barrier to entry.
Some of the highlights of the prospect are:
1. Show well on the leasehold that was drilled to 3005 Feet that flowed oil to the surface that indicates logged pay.
2. 11 Miles of 2D Seismic associated surficial geochemistry and source rock data. Also new chemostratigraphy recently acquired. 2357 Acres of Leasehold in place covering the structure.
3. Expert Geological Team that has extensive experience in locating and developing Trenton Limestone Play
4. Low Leasehold Costs and Shallow Targets of less than 1500 Feet is an Oilman's dream
5. Excellent Terms - Prospect Generator requires (1) 2200 Foot Test well to be drilled by buyer within a certain time frame (Estimate $125,000 for Rotary Rig ) 2357 Acres of Leasehold will be delivered at an 80% Net Revenue interest at a cost of $95 Per Net Leased Mineral Acre to the buyer($95 per Acre x 2357 Acres =$223,915 Leasehold Cost)
6. Geologists,engineers& geophysicists are likely available on a consulting basis for assisting with data processing,interpretation.
7. A reliable Licensed Tennessee Operator is available for well supervision and operations if needed by purchaser.
8. Total estimated cost for the required test well and 2357 Acres of Leasehold is ONLY A MERE $350,000.THE UPSIDE HERE IS HUGE.A 25,000,000 Barrel Discovery at $52 a Barrel at an 80 % NRI would be a Billion Dollars .. A 2800 to 1 Potential
9. The IPs of the Analog Fields in Ohio and Michigan have averaged 200 Barrels a day. If we hit a similar type well our acreage and well cost would payout in 62 Days.
10. This could be one of the last great 100 MM Barrel Fields in North America under 1500 Feet. This "Moon Shot" prospect could be a " Company Maker " or "Life Changer" for an Exploration Company or a Wealthy Capitalist.
11. Excellent Year End Tax Deductions are available for 2018 if Capital is Placed before December 31st, 2018.
12. A phone meeting or site visit is available on short notice for quick year end tax decisions.
13. Please call or e mail me today on this "once in a lifetime deal"
14. Prospect Generator Requires NDA/NC for more than general information and terms.
WILDCAT OIL EXPLORATION IS HIGH RISK AND CAN RESULT IN 100% LOSS OF CAPITAL.PROSPECT IS SUITABLE FOR OIL AND GAS OPERATORS OR INDUSTRY PLAYERS THAT UNDERSTAND THE RISKS OF WILDCAT OIL EXPLORATION.
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