Compensated Awareness Post View
Disclaimer
Wyoming’s Powder River Basin Points Reveals Growth Opportunities for Innocent Inc. (INCT)
Opportunity of particular interest to Innocent is The Powder River Basin of Wyoming, where the objective oil-bearing formations are less than 2,500 feet below the surface. There are, however, other prospective areas in Wyoming and South Dakota the company focuses on as well. In general, prospects will be direct offsets to former production or to wells with very good oil and gas shows. The expected lower API gravities of the oil will require secondary recovery via water, gas, or other floods including steam or fire flooding. Additionally, new methods of radial horizontal drilling in the reservoirs will be utilized.
General Manager of the Exploration Project is Evergreen, which has over 150 years of experience in the oil and gas industry. The general manager will be responsible for selecting areas to lease, drilling exploratory wells, producing oil and gas found, and drilling development wells. Evergreen conducts regional and local geological studies to define prospects that are deserving of acquiring oil and gas leases.
Early title examinations to the minerals in these selected areas and the acquisition of aforementioned leases will be carried out for and on behalf of Innocent and Evergreen by Pacer Energy LLC of Gillette, Wyoming – a well-known and capable Lease Acquisition and Title Opinion company employing several experienced land men. Also accompanying Innocent are consultants C.K. Adams, a registered professional engineer specializing in petroleum engineering, and L & J Operating, LLC – engaged to do the accounting, including filing of all government required forms, distribution of production revenue and related activities.
Innocent is a development stage oil and gas exploration and development company directing its resources on properties in North America. The company aims to reduce risk through development of proved petroleum reserves, and to maximize profits through strategic acquisitions and liquidation of select oil and gas properties. To that end, it is focusing on 100% acquisitions and joint ventures for maximized productivity.
For more information on Innocent, visit: www.innocentinc.com
