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DRILLING NEW OIL WELLS

Bowling Green , Kentucky, USA
Listing ID:469
Funding Amount Needed : $150,000,000
Industry: Energy Funding Type: Equity
Maturity Stage: Product Development Year Established: 2008
Has Business Plan: Yes Revenue: $100,000 - $499,999
Forecasted Revenue: $500,000.00    

New drilling project in Central, Ky.

Drilling In Central Kentucky Sunnybrook Oil Pay Fifteen Well Drilling Project JMack Energy is a small independent oil and gas energy company, based in Central, Ky. Our project is the drilling 15 new wells drilled to the Sunnybrook pay.This project consist of three leases contains 300+ acres. With three acres per well spacing we have the spacing to drill 100 new wells in this Sunnybrook oil pay.These well will be drilled to the maximum depth of 2,000 feet. We have performed radiometric surveytest to evaluate the chosen drilling locations.We have been collecting data on this area for several months and we have fractor maps, fault line maps. Maps and data from the Department of Mines and Minerals and our radiometric survey tests. Estimate the Sunnybrook production to be a minimum of 50 barrels of production a day per well. We anticipate the production to hold its production for 12 to 18 months before it’s decline curve after 18 months it to settle down and hold its productionfor 24-48 months.We will share our data with a potential buyer. For more information contact JMack Energy At: jmackenergy@insightbb.com or Phone:(270) 777-2529 Mobile-(270) 392-6220 call 24 hour a day. SERIOUS INQUIRES ONLY Thanks JMack Energy Project Manger Mark Cornell

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