|
Project Name |
North Walker |
|
State |
CO |
|
County |
|
|
Township/Section |
9N-53W Section 21-E/NW/4 |
|
File Attachment |
click here for a PDF file with
additional information about this prospect |
|
Proposed Wells |
1 |
|
Proposed Well Type |
Development Prospect Well |
|
Acreage |
1120 |
|
Field Area |
Walker Field |
|
Objective1 |
J-1 Sand |
|
Objective Depth |
4950 Feet |
|
Objective 2 |
O Padroni Sand |
|
Objective 2 Depth |
5250 Feet |
|
Prospect Generated By: |
GeoChemistry |
|
|
Sub-surface Geology |
| |
Updip development well that could result in the discovery of
a 12 well oilfield. Excellent geological evidence. Three
multiple pay zones. One line within 90 days of drilling. |
|
|
|
|
Inter Estimated Type |
NonOperated WI |
|
InterEstimated Carried |
North Walker |
|
InterEstimated Percent |
50 |
|
NRI |
80 |
|
Estimated Initial Production Oil |
125 BPD |
|
Estimated Initial Production Gas |
20 MCF |
|
Estimated Reserves Oil/Well |
208 MB |
|
Estimated Reserves Gas/Well |
|
|
Estimated Reserves Oil/Project |
1890 MB |
|
Estimated Reserves Gas/Project |
400 MCF |
|
DryHoleCost |
3,900-1% |
|
CompletionCost |
2,000-1% |
|
Estimated SpudDate |
1st Quarter 2007 |
|
Terms |
Initial well promoted industry standard 1/3 for 1/4. All
subsequent wells at cost. |
| |
|
|
Contact Information: |
|
|
Name |
Bob Flournoy |
|
Company |
Energy Investment Partners |
|
Address |
PO Box 225878 |
|
City |
Dallas |
|
StateProvince |
TX |
|
PostalCode |
75222 |
|
PhoneNumber |
(214) 978-2500 |
|
FAXNumber |
(214) 389-2503 |
|
Email |
bobflournoy@comcast.net |
