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Please contact
bgriffith12@hotmail.com for more information about this
prospect.
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Project Name |
South Coteau |
|
State |
ND |
|
County |
Burke |
|
Township/Section |
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File Attachment |
Click here for a PDF file with
additional information about this prospect |
|
Proposed Wells |
1 |
|
Proposed Well Type |
Exploratory Well |
|
Acreage |
19,600 |
|
Field Area |
|
|
Objective1 |
Horizontal Nesson plus secondary potential |
|
Objective Depth |
7000 Feet |
|
Objective 2 |
Coteau/Bluell and Sherwood Zones |
|
Objective 2 Depth |
8000 Feet |
|
Prospect Generated By: |
Sub-surface Geology |
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South Coteau is a multi-pay prospect in the Mississippian
Nesson with secondary objectives in the Coteau/Bluell
Mission Canyon formation. It is an extension of a successful
horizontal resource-play at approximatly 6,500\'-7,000\'. 62
well potential, fee leasehold, developed oil producing area,
60 plus locations on 320\'s, Per well EUR of 200,00 MBOE and
Project potential reserves of 12,400,000 MBOE |
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|
Inter Estimated Type |
WI |
|
InterEstimated Carried |
100% |
|
NRI |
80% |
|
Estimated Initial Production Oil |
100-300 BPD |
|
Estimated Initial Production Gas |
|
|
Estimated Reserves Oil/Well |
200,000 BO |
|
Summary |
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We have attached a complete summary for potential Buyers. We
also have cross sections, a land map and an activity map on
PDF. We are available for presentations in Denver at our
Downtown offices 1899 Wynkoop Suite 925, Denver, CO 80202.
We have a 30 year experienced operator who lives in close
proximity to the prospect and operates over 75 wells in the
area. They are our partners in the project and are available
to drill and operate the project if sold to non-operators. |
|
DryHoleCost |
$161,3464.00 |
|
CompletionCost |
$217,4219.00 |
|
Estimated SpudDate |
1st Quarter 2008 |
|
Terms |
$3,000,000 1 obligation well, deliver 80% NRI, 5 year term
or life of the leases AMI |
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Contact Information: |
|
|
Name |
William W. Griffith |
|
Company |
St. Croix Exploration Company |
|
Address |
1899 Wynkoop Street #925 |
|
City |
Denver |
|
StateProvince |
CO |
|
PostalCode |
80202 |
|
PhoneNumber |
303-892-5635 |
|
FAXNumber |
303-595-9940 |
|
Email |
bgriffith12@hotmail.com |
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