20 Wells w/ 2 Injection Wells$ Protected

There are 20 wells on the 960 acre lease that were drilled in the 1980’s and 1990’s and completed in Upper and Lower Hope Limestone, Gunsite and Cisco Reef from depths of 2700′ to 3100′. The wells on the east half of Section 9 were completed in the Flippen Lime 2500′ to 2600′. For the depths of these wells, all had excellent initial production rates. These are 20 wells on the subject lease. 4 complete with units, 2 permitted injection wells, 4 cased holes and 10 wells equipped less pumping units.

In addition to the known productive shallower zones, there are deeper productive formations adjoining the subjective lease to the south and southwest. They are the Palo Pinto 4000′ to 4100′ and the Strawn 4500′. There has only been one deep test on the subject lease. There was a well drilled a 4456′ dry hole in 1950. However, the shallower zones would have been productive, according to the Petroleum Geologist the Palo Pinto would have made a commercial well.