Louisiana Austin Chalk Entry Rationale Familiar development story: access existing fields that had variable production success using conventional development techniques and apply the latest horizontal/completion technologies to…
Austin Chalk Trend Regional Overview = EOG Eagles Ranch 14H Brookeland North Bayou Jack Giddings Masters Pearsall Creek Karnes Austin Chalk trend has produced over 1.3 billion barrels of oil Several large cap…
Economic Sensitivities Estimates IRR ROI PV(10) High Side Case 800 MBO/Well 97% 2.98 12.5 MM Expected Case 600 MBO/Well 60% 2.08 6.4 MM Low Side Case 400 MBO/Well 16% 1.23 0.4 MM Assumptions: Well Cost = 9.0 MM Facility and…