Force Energy maintains a 75% working interest in the Diamond Springs Prospect located within the Wind River Basin of Fremont County, Wyoming.
THE DIAMOND SPRINGS PROSPECT IS a 3,300 ACRE Prospect and is comprised of 3 independent but geologically similar prospective locations situated in close proximity to productive oil and gas fields.
Other major operators who are active in the basin include Conoco Phillips, Encana Corp, and Devon Energy. Independent operators who are active in the basin include Howell Petroleum, Petroleum Resource Management, Richardson Operating Co, and Rockwell Petroleum.
Geological reports provided to Force Energy provide an estimated recoverable reserve of approximately 4.3 Million barrels of oil for the Diamond Springs Prospect. The Northwest, North, and West Diamond Springs are shallow drilling prospects of 200’ to 1,100’ in depth, with a possible 72 drilling sites between the three locations based on 40 acre spacing.
ABOUT THE INITIAL DRILLING LOCATION
The initial shallow drilling prospect is estimated to be completed within a range of 250’ to 900’ and yield a 75’ pay-zone in the Frontier Sands (a very prolific oil-producing sand). Such a shallow well in this area is initially estimated to cost approximately $350,000 turnkey.
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Geothermal satellite image of the Diamond Springs Prospect, Freemont County, Wyoming |
