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Palo Pinto County |
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USA
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Etat / Province |
Texas |
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Près de |
Fort worth basin |
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Statut |
GREEN EXPLORATION
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Légende
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Recherche
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Natural gas - Oil -
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| Statut : Green exploration |
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| Risques / Pays : Tres bas |
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 | Advance Energy Limited
Interest: 100% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| In February of 2006, Advance Energy Limited acquired a 71.5% average Working Interest (53.625% average NRI) in nine producing gas wells, one salt water disposal well and a 90.0% interest in a five mile natural gas transmission line. |
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The Palo Pinto project lies along the western part of the Fort Worth Basin, a prolific oil and gas producing region of east/centre Texas.
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The project was acquired for US$1.282m using 100% debt provided by Sterling Bank of Texas and sold for US$2m in December 2008 after producing over 150,000 MCF of gas and US$1.189m in revenue net to Advance. Since acquiring the project, Advance increa Plus...
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It is characterised by natural gas and minor oil accumulations in stratigraphic and structural traps associated predominantly with early Pennsylvanian quartz sandstones and conglomerate reservoirs.
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Données mises à jour le : 27/03/2009
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Conditions d'utilisation
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Toutes les informations présentes sur cette page proviennent de sources internes et externes considérées comme fiables. Ces informations peuvent ne pas être à jour, il est vous donc vivement conseillé de recouper ces informations avant de faire quoi que ce soit. Merci de nous contacter dans le cas ou une information manquerait ou s'avererait incorrecte.
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