Frontier Oil and gas brings excellent partners to the table in Fowlers oil and gas. The company is looking to develop both oil and natural gas reserves located in the Cook Inlet oil basin in Alaska. Ownership of the 80 acres property located in the cook inlet is owned free and clear by the fowler family for the last 45 years, with an additional 7,000 adjacent acres to be leased. Well spacing for the owned property will be one(1) well for every twenty(20) acres with the possibility of approval for a one(1) well per ten(10) acres. Current Oil Reserve is an unproven reserve with an estimated 2 billion barrels. Current Gas Reserve is a fully documented reserve with an estimated 1.9 trillion cubic feet. The development property in question is within 300 feet of main natural gas feeder pipelines.
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