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SE KY 4-Well Drill Opp.
Listing ID: 533

Description:

This drill program is currently available in South East Kentucky. In conjunction with the Operator, the plan is to implement an initial 4-well development package in multiple pay zones.

  • Operator estimates wells will produce on average 40-120 barrels of oil per day total under low expectations.
  • Operator plans to implement state-of-the-art exploration technology in order to select high quality drilling sites.
  • Drill location in a relatively shallow field.
  • Multiple pay zones available.

To date, Kentucky has had oil/gas production in over 62 counties. This drill area, along with the Granville, Sunnybrook, Stones River, Corniferous, Murfeesboro, and Knox (1,2, and 3) formations. have all been proven as producers under 2,000’ as well.  As for the Operator, they have approximately 130 drilling locations that are considered probable reserves throughout the US. The Operator's team also consists of experienced geologists, engineers, and field operators that currently work multiple leases in the area and have for over 18 years.

For more information about this project please visit: www.petrolucre.com

This is not an offer to buy or sell securities. Oil investment carries very high risks. Please read our full disclaimer before making any decisions. The information provided about projects and opportunities on are based on the best available information but has not be verified by Petro Lucre LLC and is subject to change at anytime. Petro Lucre LLC does not make any warranties about the information provided herein and each respective party much do their own due diligence and verification. The full disclaimer is available here: http://www.petrolucre.com/Disclaimer.html

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