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Tuesday, October 16, 2018 1:46:14 PM
He has a substantial acreage position in the Bone Spring section of the Permian Basin, one of the leading liquids-rich resource plays in the United States. The acreage position has the following areas of the world of oil and sand in the Bone Spring formation (Permian) shale below the sand deposits. Proven reserves in the sand deposits are 11,052,600 barrels of oil and the Massie West lease 5.8 million barrels. In addition, they are likely to be at least 74 million barrels and potential reserves at 120 million barrel]AND THAT ON A SMALL PLOT.
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