Buck Peak Prospect
7,700 gross acres (1,000 net acres) located in Moffat County, referred to as the Buck Peak prospect.
The Buck Peak prospect targets oil and associated wet gas from the fractured Niobrara Shale formation. In addition, the prospect has demonstrated a potential for coal bed methane and conventional gas production from relatively shallow zones above the Niobrara. Wells drilled on the prospect acreage by other companies have also indicated both oil and gas production from various zones deeper than the Niobrara.
Currently, PetroShare has drilled and completed two producing wells in the prospect.
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