Maverick Basin Project, Texas, USA
Target: Light Crude Oil
Total Land Package: 8,000+ acres
Highlights:
- The property is uniquely positioned within the preferred oil window of the prolific Eagleford Shale resource play and located among currently producing fields.
- The acreage also hosts other highly productive formations such as the Buda, Georgetown, Edwards and McKnight.
- The acreage is defined by 3D seismic and extensive offsetting well control.
- Several majors and large independent producers are currently active in this area.
- A large independent is sharing the lease line with the proposed acquisition and is currently developing the Georgetown.
- The Exploration Agreement with Texas HBP LLC to acquire a portion of its interest in the Property.
- HBP has an exploration agreement with the original lease owner of the Property, Blue Star Oil & Gas which was subsequently acquired by Shell Western E&P.
Technical Information: Coming Soon
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