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Drilling project with initial 2 wells at 3,000 feet. Have logs to verify the upper and lower Strawn Sand and have done sensing and the soil gas analysis with GeoFrontiers. Shows high gravity oil in all spots tested proving up the reservoir. Potential to return initial investment in 2.5 to 6 months depending upon the initial production.
Per 1% Working Interest and 75% NRI for pricing above; additional cost on completion
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