Description

A drilling and engineering company with 40 years of experience in all phases of drilling is seeking an industry or strong financial partner to drill and work some of the more prolific oil and gas producing areas in Texas. This company has un-drilled locations and leases in hand and rigs ready to drill. There are prolific areas within a mile to their drilling locations to which they are gathering production data. By doing a small fraction on the on the Anacacho zone on one of our leases approximately 175 bbl oil per day should be attained. This translates to $9,600 per day, per well using $55.00 per barrel oil prices. Other properties in California and Oklahoma for development.

Posted Dec 9, 2006

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