OilBoomUSA - The Leona Prospect [San Antonio, TX] – November 3, - TopicsExpress

OilBoomUSA - The Leona Prospect [San Antonio, TX] – November 3, 2014 - OilBoomUSA is proud to announce our latest partnership, The Leona prospect in Leon County Texas. This Woodbine Oil Trend was discovered in the early 1950’s with the establishment of commercial oil and natural gas production from the Woodbine Sand. Historically, in-field, per well, “vertical well cumulative production” exceeds 90,000 Barrels of Oil. These Wells produce high API gravity oil at 39°, very little water, and are very long lived. Recent Woodbine “sand horizontal well development” in the Pleasant Ridge area, located within the Woodbine/Eaglebine Play, has resulted in some of the strongest performing oil and gas wells found anywhere throughout the region. OilBoomUSA Horizontal well, in-field, in-fill development and field extension, continues today. Oil and natural gas are found contained within stratigraphic traps occurring along a regional southeast dipping monocline. In addition, horizontal and vertical wells, having higher cumulative production, are located in areas having the best reservoir properties. Isopach maps show the prospective acreage is ideally centered in a “north to south trending productive fairway of wells” having the greatest IP’s, highest EUR’s and largest cumulative total production. Horizontal wells drilled in the heart of the reservoir are world class producers of oil and natural gas. The Total Leasehold for the Leona Prospect is over 226 acres. Which, if successful, provides acreage for offset well, and a rare opportunity. Highlights of the leona prospect include shallow depth: Oil & Gas at 7,200 ft., a de-risked, in-field development PUD drilling project, existing oil & gas gathering infrastructure, centered in an established, active and prolific world class Woodbine oil rend, estimated well reserves of up to 474,000 plus barrels of oil (horizontal), and long life, low decline oil reserves and multiple pay zone. OilBoomUSA is proud to announce the Leona prospect, and a partnership in shaping America’s energy future. _______ FOLLOW LIPSapp Hits56 Radio _______ FB: r-js/1uOEA6Y / TW: r-js/1us3SdS / Listen to LIPSapp Hits56 Radio r-js/1imT49y #thewho #beatles #elvis #jimihendrix #dylan

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