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  • June 10, 2022 5:24 am

”The Nicolai Creek Unit (NCU) includes 5 natural gas wells and 1SWD well along with 2 central production facilities, including compression, dehydration, 3 miles of gathering line and a sales meter station with coalescing filter, ultrasonic flow meters and SCADA. A gravel pack and/or rig workover will substantially increase production from Well #10. Our natural gas production sells for ~$7/Mcf.

Our firm lacks capital needed to exploit proved and probable reserves; seeking partner or buyer.

Upside potential includes conventional exploitation prospects, two outstanding deeper oil prospects, CBM prospectivity and a gas storage project (Phase I feasibility study completed).”

Overview

  • Category : Prospects / Acreage

Location

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