Exploitation and Enhancement of Mature Fields
Rocky Mountain Region, United States of America
$60 Million Acquisition of Public Company
- 300 Producing Wells
- 40,000 Development Acres
- 400,000 Exploration Acres
Exploitation Program
- Innovative tight sand hydrolic fracture stimulation designs for low permeability reservoirs
- Efficient integrated operations result in economic exploitation of marginal reserves
- Systematic conversion of probable and possible reserves to proved
- Sold in 26 months, $400 million