CRCL Permian oil play
100 million a/s.
CRCL total proved Oil BBLS: 64,187 independently verified in addition to acreage.
The Company owns a variety of non-operated working interests and overriding royalty interests in approximately 61 producing wells in Texas. The interests range from less than 1% up to approximately 5% in each well. The wells are located in the following areas: Permian Basin, Eagle Ford Shale, Pearsall Field, Giddings Field and the Woodbine Field. The wells are operated by Apache (Permian), EXCO (Eagle Ford Shale), CML (Giddings, Pearsall and Permian), Leexus (Giddings) and MD America Energy, LLC. (Woodbine). As of April 30, 2014, the Company had approximately 430 net leased acres in Texas .
