This thread is being started because of the repetitious postings on the various Joint Venture Threads.
Apparently this is a world record for the deepest land based
well...The South Fort Stockton prospect is located approximately
seven miles southeast of the town of Fort Stockton in Pecos County,
Texas.
Exerpt from one of the jv: News releases:
"Be advised that we have reached a total depth of 25,740 ft in the
main objective (Ellenburger formation). Based upon our original
prognosis for this feature (Pugsley), we anticipated a structure with
approximately 1,200 ft of closure at the Ellenburger. This
interpretation was based upon 3-D seismic and upon the Centurian well
approximately 1.5 miles north of the Winfield Ranch 17 No. 1-E well
and upon comparing the sample shows and porosities with other
producing wells in the immediate area, we are pleased with the
outlook thus far. It is encouraging that with all of our data to
date, this well actually has bettered our original projections from a
seismic and geological prospective. Based upon the early log review,
we are encouraged with the fracturing and thickness of the
Ellenburger pay we have to work with. We anticipate that with the
amount of pay, along with the structural position of the well, we can
fully anticipate the production rates hoped for if the reservoir is
there, and by all log indications the reservoir is there."
The adjacent Gomez field to the northwest has produced 4.7 trillion
cubic feet of gas of the 7 tcf of recoverable reserves while the
Adjacent McComb field to the north has produced 5 0 billion cubic
feet of the 160 bcf of recoverable reserves and the Puckett field 15
miles to the southeast has produced 3.8 tcf of the 5 tcf of
recoverable reserves."
Joint Venture Partners:
ADDA RESOURCES LTD. (bpo)10% (apo)7.5%
Thread: Subject 15131
BAY TECH INC. PRIVATELY HELD
FCP/tse FIRST CALGARY PET. LTD. (bpo)7% (apo)5%
Thread: Subject 18326
GCR/vse GOTHIC RESOURCES INC. (bpo)14.6% (apo)10.625%
Thread:https://www.siliconinvestor.com/subject.aspx?subjectid=23953
JED/vse JEDA PETROLEUM LTD. (bpo)10% (apo)7.5%
Thread: N/A
PGE/vse PAN-GLOBAL ENTERPRISES INC. (bpo)6.67% (apo)5%
Thread: Subject 17964
PVF/vse PARAMOUNT VENT. & FIN. INC. (54% indirect ownership via PXM)
Thread: Subject 8454
PXM/vse PARAMAX RESOURCES LTD. (bpo)10% (apo)7.5%
Thread: Subject 23064
THE/tse T & H RESOURCES LTD (bpo)20% (apo)15%
Thread; N/A
TNP.U/tse TRANS ATLANTIC PETE CORP. (bpo)10% (apo)8.36%
Thread: N/A
Hopefully this will resolve repetitious information an the various threads.... |
