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Published byAlbert Walker Modified over 8 years ago
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Project Highlights Tillman #1 This well has cost over $11 Million to date. MPI is offering 42% of rights & title to well. Evaluated 3 key zones in this well - at least 2 of the 3 zones will have high flow rates of Oil and/or Gas & high value Condensate due to strong pressures. MPI seeks investment of $ 1,470,000 for: Partial cost reimbursement Evaluation & Completion Surface Equipment Pipeline Installation, Gas Hookup AND Right of Way.
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Strong Rwa Response 19 Ft of Gas Effect Crossover 28 Feet Of Oil or Gas & Condensate Pay If Gas, Estimated Reserves are 2.3 BCF Plus 115,000 BC
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This structure map is contoured on a horizon approximately 1200 Ft shallower than MPI’s Upper Wilcox zones of interest. This Map & Land Map indicate that a 2 nd location may be drilled NE of the current well.
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There is strong industry interest in this area as indicated by the fact that ALL lands bordering the Subject Lease are leased (to aggressive mid-sized oil companies) !
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