WMNS INFO
Westmont Resources Inc is an independent oil and gas exploration and development company focused on the exploration of long-lived, low risk natural gas and oil properties. Our current operations are centered on the emerging Marcellus and Chattanooga Shale Play in the Appalachian Basin and in the vicinity of other major oil company discovery wells that are reported as having an initial production rate of 3.9 MMCFD and sustained production in the 300-400MCF daily rates.
Westmont Resources Inc has acquired the rights to 92 existing well in Scott and Morgan Counties of Tennessee that cover an area of approximately 30,000 acres. Within this block the Chattanooga Shale lies at a depth between 2,000 and 4,000 feet below surface and range in thickness of over 250 feet. Most of the acquired wells suspended drilling operations well above the top of the Chattanooga Shale.
Westmont employs sophisticated techniques to wring more production out of the untapped reserves beneath existing wells. The company intends to re-enter these wells and deepen them for vertical completion in the shale by using the most advanced technologies in both incremental drilling and horizontal drilling linked with modern fracturing methods. The Company believes that it can be a major player in the region and capitalize on one of the largest oil and gas finds in the world.
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