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Andrew Reil, Principal / Developer
ZAPATA COUNTY - existing hydrocarbon well to be converted to geothermal / NG co-producer; BHT 297 degrees F at 10,350 feet. Estimated conversion capital required: $100,000.00 (one hundred thousand dollars) EAGLE FORD SHALE GAS PLAY & OTHER EMERGING GAS / OIL - establish and develop 100,000 acre position into the exploration and production phase. Estimated capital expenditure $300,000,000.00 (Three hundred million dollars). SOUTH TEXAS COAL BED METHANE Geothermal / Geopressure / Oil - 100,000 acres, 1 Tcf methane gas reservoir above a bituminous coal seam, Oil producing strata above and below in a known geopressure zone, start up capital required; $1,500,000.00 with 3.5 million dollars in escrow. A low risk, long term production, triple tiered prospect. After core sampling,test well expected to prove up at 150 to 300 mcf per day. An ultimate development scenario would be 2500 producing wells over the total acreage. Ultimate development natural gas only estimated capital required: $312,000,000.00(three hundred twelve million dollars) | ||||||||||||