Project Highlights Tillman #1. This well has cost over $11 Million to date. MPI is offering 42 % of rights & title to well. Evaluated 3 key zones in this well - at least 2 of the 3 zones will have high flow rates of Oil and/or Gas & high value Condensate due to strong pressures.
Partial cost reimbursement Evaluation & Completion
Surface Equipment Pipeline Installation,
Gas Hookup AND Right of Way.
Gas & Condensate Pay
19 Ft of Gas Effect Crossover
If Gas, Estimated Reserves are 2.3 BCF Plus 115,000 BC
This Map & Land Map indicate that a 2nd location may be drilled NE of the current well.
This structure map is contoured on a horizon approximately 1200 Ft shallower than MPI’s Upper Wilcox zones of interest.
There is strong industry interest in this area as indicated by the fact that ALL lands bordering the Subject Lease are leased (to aggressive mid-sized oil companies)!