|
Project Name |
Pinconning Extension |
|
State |
MI |
|
County |
Bay |
|
Township/Section |
T16N R4E |
|
Project Description |
Seismicly defined extension of the prolific
Pinconning Field (Dundee). |
|
|
|
|
|
|
Proposed Wells |
1-2 |
|
Proposed Well Type |
Exploratory |
|
Acreage |
278 |
|
Objective |
Dundee |
|
Objective Depth |
2800 Feet |
|
Notes |
Fractured , dolomitized upper Dundee Fm. |
|
|
|
|
Prospect Generated By: |
2D Seismic |
|
Interest Type |
Operated |
|
Interest Percent |
50 |
|
NRI |
80 |
|
Estimated Initial Production Oil |
100 BPD |
|
Estimated Reserves Oil |
220,000/330,000 |
|
Dry Hole Cost |
255000 |
|
Completion Cost |
195000 |
|
Estimated Spud Date |
4th Quarter |
|
Summary |
|
| |
Four seismic lines define a structural sag know to
be associated with fractured dolomitized Dundee
reservoirs. Narrow ,30 acres in size but very
prolific. 2 Wells possible 220,000 BO per well. |
|
Terms |
$80,000 (100%) for prospect land and seismic. |
|
|
|
|
Contact Information: |
|
|
Name |
Murray Matson |
|
Company |
West Bay Exploration |
|
Phone Number |
231-946-0200 |
|
email |
murray@westbayexploration.com |
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Attachments: None |
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