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Gold/Mining/Energy : The Oil & Gas Elephant Hunt -- Ignore unavailable to you. Want to Upgrade?


To: Brinks who wrote (20)10/19/2006 2:02:57 PM
From: Brinks  Read Replies (1) | Respond to of 310
 
Possible Billion Barrel Structure Closure

Clayton Williams--Not enough hours in a day. This is one of my favorite Elephant stocks.

finance.yahoo.com

www1.investorvillage.com

Possible Billion Barrel Structure Closure

PetroHunt (1/3), Clayton Williams (1/3), and Yates Petroleum (1/3), have built their first location to test a giant double plunging fault bend fold (duplex anticline) located in the Central Utah Sevier fold & thrust belt and/or Hingeline.

This giant thrust/fold prospect is a potential billion barrel (yes, the "B" word) oil prospect. PetroHunt has acquired an additional 4 million dollars worth of seismic data to map out a structure complex that is over eight miles long and up to three miles wide, with up to 4000 feet of vertical closure.

This test well is on trend (NE) to the Wolverine Covenant Field (96 millon barrels proven), and will be the largest structure closure tested to date in the Central Utah thrust belt and/or Hingeline.

All of the structure maps on this giant duplex structure (set of four structure maps) recently became public information and leaked out when PetroHunt formed a large exploration unit with the State of Utah.

The Jurassic Navajo (Nugget) Sandstone is 1200 feet thick (gross) with the potential of over 900 feet of net reservoir. The Jurassic Navajo Sandstone is repeated up to three times (2700 feet of potential net pay sands) in this giant fault bend fold and/or folds (duplex structure). This duplex structure has over 4000 feet of vertical closure.

PetroHunt will use the 18,000 foot rig currently drilling the Wolverine Glenwood test well located SW of the Covenant Field. After this well is drilled, PetroHunt will release the rig back to Wolverine for their next test well, and then the rig will go back to PetroHunt to drill their second permitted exploration test well in Central Utah, listed below:

43-039-30033-00-00 PETRO-HUNT, LLC VHCF 35A-3-1 Approved permit (APD); not yet spudded WILDCAT SANPETE SWNE 35 16S-2E

43-039-30034-00-00 PETRO-HUNT, LLC LAMB TRUST 31B-1-1 Oil Well New Permit (Not yet approved or drilled) Private WILDCAT SANPETE NENW 31 15S-3E

OILFINDER

www1.investorvillage.com

PetroHunt (Operator) 33.33%, Yates 33.33%, and Clayton Williams (33.33%) have contracted with a drilling company to drill their initial test well in Sanpete County, Utah (Central Utah Thrust Belt/Hingeline.

43-039-30033-00-00 PETRO-HUNT, LLC VHCF 35A-3-1 Approved permit (APD); not yet spudded WILDCAT SANPETE SWNE 35 16S-2E

I called a geologist friend in Salt Lake City and he indicated it is SST Rig 68 that is currently drilling the Wolverine Gas & Oil - Glenwood, located in Sevier County, Utah. The drilling rig is reported to be an 18,000 foot drilling rig with a top-drive.

sstenergy.com

This test well is located approximately one and one-half miles NW of the Mobil Larson Unit #1, SWSE, Section 1, T17S, R2E, which cut the Jurassic Twin Creek Limestone up to three times in the hanging-wall of the Gunnison Thrust. In other words, PetroHunt, Yates, and CWEI is testing a giant fault bend fold structure (duplex or triplex) that is over 8 miles long and one to three miles wide. (Note: structure maps are available from the State of Utah and are part of PetroHunt's application for a State Drilling Unit.

The Jurassic Navajo Sandstone (1200 feet thick) is repeated up to three times in the hanging-wall of the Gunnison Thrust. This giant anticline or roll-over structure is located directly on trend to the Covenant Field (96 million barrel proven). At the Covenant Field the Jurassic Navajo Sandstone is repeated twice in the hanging-wall of the Gunnison Thrust.

For structure size comparisons, the oil productive closure in the Jurassic Navajo #1 in the Covenant Field covers approximately 820 acres with 1000 feet of vertical closure.

The Jurassic Navajo Sandstone is repeated up to three times in a giant structure closure (tri-plex) that will soon be tested by PetroHunt. The structure closure covers 5,000 to 10,000 acres in size with 4000 feet of vertical closure.

OILFINDER