Illinois Oil Well Project

Overview:

This well is new and ~3,500 ft. deep. The well has the following commercial pay zones, theses pay zones are behind pipe and only need perforations and a frac, they have a potential to increase production for the future. This well has a very large reserve and is one of the best completed wells of last year. Well is currently producing crude oil and Natural gas, this is a successfully completed project that will most likely expand into the future. There is talks of future development of new drills and opening a few shut in wells that are also located on the property. This rework process should be short and will increase production quickly once completed

This field is currently not for sale at this time, but please fill out the side-bar contact form to be involved in our newest oil wells. We have more money in the ground then capital with which to extract it. Field development will continue at a medium speed if we continue to develop at current cash flows. We wish to develop these new fields at a faster pace, with new partners to increase production, and then possibly sell for larger payouts in the near future.

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Oil Formations