WILLISTON BASIN PROJECT
Drilling Prospects
All Standard Disclaimers Apply & Seller Rights Retained
NORTH DAKOTA DEVELOPMENT
8,575 Net Acres. 5-Wells. 5-PUDs.
BAKKEN, DUPEROW, MADISON
& RED RIVER
MULTIPAY OPPORTUNITY
3-D Seismic Defined Locations
Bakken Horizontal Potentials
SOLID OPERATOR SEEKS CAPITAL
OPERATED WI or NONOPERATED WI
Current PDP Production: 40-50 BOPD
Expected Vertical IP's: 200-250 BOPD
D&C Vertical <$2,000,000/Location
PUD PV10: ~$8,627,000
PUD Net Reserves: ~1.1 MMbbl & 1.4 Bcf
BLM & State Leases. 1/2 Area HBP
FORMAL PRESENTATIONS START JAN 10
FLEXIBLE & MOTIVATED GENERATOR
DV 1461PP
Summary:
Energy Advisors Group has been retained to assist a private company in upstate New York with real estate holdings and oil and gas to assist them in developing their properties in North Dakota as described herein:
WILLISTON BASIN CAPITAL RAISE
Ultimate Desire Is To Find Partner To Drill 2 Vertical Wells and 2 Horizontal Wells
Prospect Generator Is Perfectly Willing To Retain The Current PDP.
Additional Description & Highlights----
8,575 Acres. 5-PUD Locations; 4-Current PDP Wells
MULTIPAY. 7 Structures. 5-Already Productive
BAKKEN, DUPEROW, MADISON & RED RIVER
25-30 Square Miles of 3-D Seismic (2006)
Acreage Offset By Cobra, Prima, Sinclair Oil, Continental, Peregrine;
OPERATED or NonOperated WI FOR SALE. High NRI 78-80% NRI
Current PDP Production: 40-50 BOPD
Some Horizontal Recompletions; Also Unconventional Drilling Applicable
Most of the Current Wellbores Have 7 Inch Casing
Expected Initial Production: 200-250 BOPD
D&C Vertical Costs: $1,800,000-2,200,000/Location
PUD Net Reserves: ~1.1 MMbbl & 1.4 Bcf
PUD PV10: ~$8,627,000
BLM & State Leases. ½ Area Held By Production.
-----SEEKING DEVELOPMENT CAPITAL
-----One Idea Capital Raise: Fund 100% WI Development To Earn 75%
The client, prospect generator and EAG has also engaged a technical firm, Craig Davis (Phn 713-922-2200) to assist in the geological and engineering presentation for this prospect.
EAG and our technical advisor, Craig Davis believe the quickest way to success is to find interested parties to develop the project on a conventional (vertical, Red River, Duperow and Madison) and unconventional basis (Bakken). EAG and our technical firm point out that the Bakken in this area is thicker than some offset operators are already finding success.
Companies interested in learning more should download the Confidentiality Agreement and forward to the undersigned.
TO LEARN MORE CONTACT:
Energy Advisors Group
Mr. Steve Henrich
1580, 727 - 7th Avenue SW
Calgary, AB T2P 0Z3
CANADA
Direct: 403-294-1906 Cell: 403-874-7801
----Email: [email protected]
OR
Mr. Blake Dornak
A&D Associate
5120 Woodway Dr Ste 10010
Houston, TX 77056
Phone: 713-600-0123 Direct: 713-600-0169 Cell: 903-390-6803
-----Email: [email protected]
OR
INEXS
Mr. Craig Davis
President & CEO
600 Travis St Ste 6161
Houston, TX 77056
---Phn: 713-922-2200Cell & Fax: 713-960-1157 And/or Cell: 713-922-2200
---Email: [email protected]
Mr. Reed Rightmer
Associate
5120 Woodway Dr Ste 10010
Houston, TX 77056
Phone: Direct: 713-600-0177 Cell: 979-743-1750
Email: [email protected]
All Standard Disclaimers Apply & Seller Rights Retained.
NORTH DAKOTA DEVELOPMENT
8,575 Net Acres. 5-Wells. 5-PUDs.
BAKKEN, DUPEROW, MADISON
& RED RIVER
MULTIPAY OPPORTUNITY
3-D Seismic Defined Locations
Bakken Horizontal Potentials
SOLID OPERATOR SEEKS CAPITAL
OPERATED WI or NONOPERATED WI
Current PDP Production: 40-50 BOPD
Expected Vertical IP's: 200-250 BOPD
D&C Vertical <$2,000,000/Location
PUD PV10: ~$8,627,000
PUD Net Reserves: ~1.1 MMbbl & 1.4 Bcf
BLM & State Leases. 1/2 Area HBP
FORMAL PRESENTATIONS START JAN 10
FLEXIBLE & MOTIVATED GENERATOR
DV 1461PP
Summary:
Energy Advisors Group has been retained to assist a private company in upstate New York with real estate holdings and oil and gas to assist them in developing their properties in North Dakota as described herein:
WILLISTON BASIN CAPITAL RAISE
Ultimate Desire Is To Find Partner To Drill 2 Vertical Wells and 2 Horizontal Wells
Prospect Generator Is Perfectly Willing To Retain The Current PDP.
Additional Description & Highlights----
8,575 Acres. 5-PUD Locations; 4-Current PDP Wells
MULTIPAY. 7 Structures. 5-Already Productive
BAKKEN, DUPEROW, MADISON & RED RIVER
25-30 Square Miles of 3-D Seismic (2006)
Acreage Offset By Cobra, Prima, Sinclair Oil, Continental, Peregrine;
OPERATED or NonOperated WI FOR SALE. High NRI 78-80% NRI
Current PDP Production: 40-50 BOPD
Some Horizontal Recompletions; Also Unconventional Drilling Applicable
Most of the Current Wellbores Have 7 Inch Casing
Expected Initial Production: 200-250 BOPD
D&C Vertical Costs: $1,800,000-2,200,000/Location
PUD Net Reserves: ~1.1 MMbbl & 1.4 Bcf
PUD PV10: ~$8,627,000
BLM & State Leases. ½ Area Held By Production.
-----SEEKING DEVELOPMENT CAPITAL
-----One Idea Capital Raise: Fund 100% WI Development To Earn 75%
The client, prospect generator and EAG has also engaged a technical firm, Craig Davis (Phn 713-922-2200) to assist in the geological and engineering presentation for this prospect.
EAG and our technical advisor, Craig Davis believe the quickest way to success is to find interested parties to develop the project on a conventional (vertical, Red River, Duperow and Madison) and unconventional basis (Bakken). EAG and our technical firm point out that the Bakken in this area is thicker than some offset operators are already finding success.
Companies interested in learning more should download the Confidentiality Agreement and forward to the undersigned.
TO LEARN MORE CONTACT:
Energy Advisors Group
Mr. Steve Henrich
1580, 727 - 7th Avenue SW
Calgary, AB T2P 0Z3
CANADA
Direct: 403-294-1906 Cell: 403-874-7801
----Email: [email protected]
OR
Mr. Blake Dornak
A&D Associate
5120 Woodway Dr Ste 10010
Houston, TX 77056
Phone: 713-600-0123 Direct: 713-600-0169 Cell: 903-390-6803
-----Email: [email protected]
OR
INEXS
Mr. Craig Davis
President & CEO
600 Travis St Ste 6161
Houston, TX 77056
---Phn: 713-922-2200Cell & Fax: 713-960-1157 And/or Cell: 713-922-2200
---Email: [email protected]
Mr. Reed Rightmer
Associate
5120 Woodway Dr Ste 10010
Houston, TX 77056
Phone: Direct: 713-600-0177 Cell: 979-743-1750
Email: [email protected]
All Standard Disclaimers Apply & Seller Rights Retained.
