New Utah Shale Play

New Utah Shale Play

location_on Westen ,  Vereinigte Staaten von Amerika

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Kurze Zusammenfassung

Freedom Energy E&P, a closely held oil exploration company, seeks capstone funds for its project in central Utah. With over $3.0 million invested, we have discovered light, sweet crude oil in a 300' thick naturally-fractured shale zone.

Highlights

  • The first Eagle Ford Shale (Texas) discovery sold for $15.1 billion
  • Our Mancos Shale discovery is analogous to the Eagle Ford but twice as big
  • Five wells have been drilled with two close to commercial production
  • Oil is light, sweet crude with high API sold to refinery
  • Major drilling and development potential for merger/acquisition

Übersicht

Ziel €425,000
Mindestinvestition €4,000
Erhaltenes Kapital €0
Vorherige Runden €2,600,000
Phase Erste Verkäufe
Investorenrolle Egal

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