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Tuesday, November 23, 2021 3:22:56 PM
Project Area
“These promising surface results confirm potential sources outlined in U.S. Geological Survey (“USGS”) Wind River Basin studies. The Northern portion of the prospect area of the Company’s acreage is located within the area surveyed by the USGS in 2018 for petroleum assessment and determined that there were an estimated 528 million barrels of oil, 2 trillion cubic feet of gas and 40 million barrels of natural gas liquids of undiscovered resources of the Niobrara Interval of the Cody Shale of the Wind River Basin Province, Wyoming.
The USGS in 2020 quantitatively assessed the potential for undiscovered, technically recoverable, continuous (unconventional) oil and gas resources in the Cretaceous Mowry shale in the Wind River Basin Province, Wyoming. This estimated undiscovered, technically recoverable mean resources of 288 million barrels of oil and 2.6 trillion cubic feet of gas in the Mowry Shale adding to the resource potential in the Wind River Basin Province, Wyoming. Historical good production occurs in adjacent fields from Frontier stacked sands, which are sandwiched between these 2 high resource source rocks.“
https://finance.yahoo.com/news/geochemical-survey-shows-positive-results-133000819.html
…i for one aint selling down here……just reread the above its rather amazing at a time when gas prices near all time high…
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