Production from the Mississippian age Madison Formation, more specifically the Spearfish and Mission Canyon zones. As you move west into Montana, in addition to the Madison, production also is derived from the Bakken, Duperow and Red River Formations.
Impressive, near-flat production rates over last five years
Operational improvements on three sub-optimally managed waterflood fields
Opportunity for shallow horizontal development of legacy Madison fields in North Dakota and Montana with direct offset horizontal analog wells
Oil weighted production from legacy assets in Louisiana
Oil and gas production from mostly Miocene formations in St. Landry Parish. In Beauregard Parish production is derived from Frio, Cockfield and Wilcox formations.
9 producing (100% operated) and 3 SWD wells
High working interest and operational control
Opportunity for shallow oil development of legacy Cockfield and Frio Sands in Beauregard Parish with direct offset horizontal analog wells
Strong PDNP development potential at St Landry Parish fields
Concentrated acreage and stacked pay in the historically prolific East Texas Basin with 30,397 net acres held by production (HBP)
Field office in Madisonville, Texas holds an expansive library of regional geologic and geophysical data and analysis and proprietary 3-D seismic data that covers a majority of the acreage
Principal producing asset (~18,000 acres) is highly concentrated in the Fort Trinidad Field in Houston & Madison Counties, Texas with high working interest and historical production from over eight separate Cretaceous formations
Operations in the Ft. Trinidad Field include a 77-mile gas gathering system and SWD system
