We currently hold 18,000 acres (onshore) of highly prospective acres in the Cook Inlet basin of Alaska. The Leases are on trend with, and in proximity to, existing producing fields and infrastructure which will facilitate relatively quick revenue generation. The leases can be divided into four separate prospects; each of which have multiple conventional target sands for oil and gas. The leases also have unconventional resource potential. Natural gas prices in excess of $6/Mcf and State sponsored drilling incentives greatly enhance the economics of the project. Third party evaluations are available. Permitting, engineering and planning are well underway in anticipation of drilling 3Q and 4Q 2016.
Asking Price Available On Request
Sales Operating at Breakeven
Profit Available On Request
You May Also Like
Jr. Canadian Oil/Gas Co. w/Excellent Upside Op #388972 posted Sep 1, 2015
- Between $7,500,000 and $10,000,000
Private Jr. Oil and Gas Company, in Canada, is focused on the development of low risk production of conventional light oil. Experienced management team, seeks funding of up to $10M to consummate LOI on new oil producing/water disposal facility/property, currently producing over 110 bbl of light oil/day,...
Canadian Oil & Gas Joint Venture Development #308590 posted Aug 23, 2012
Canadian Oil & Gas JV Development Opportunity. $130,000,000 buy-out, or a portion there of, depending on your interest and financial capability. Proof of Funds required after introductions and mutual NDA's have been exchanged. The site consists of two parcels of land with a net 416,000 acres for drilling...
High Production Oil Project #358153 posted Jun 9, 2014
- Alberta, Canada
- Available On Request
This project currently has one horizontal well drilled and will be completed within days. It has generated very good information and the expectation is that once the final stimulation is finished this well will produce 3,000 BOPD. There are two additional wells that will also be completed by Christmas. Once...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.