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Re: OilStockReport post# 2146

Monday, 11/07/2011 6:24:33 PM

Monday, November 07, 2011 6:24:33 PM

Post# of 4588
Bail Testing Results...

HISTORY AND GEOLOGY OF GREEN COUNTY – Green County, Kentucky experienced an oil drilling boom from 1958 to 1969. During this time over 20 million barrels of oil were produced from the 289 square miles that the county is comprised of.


TOM DAVIS LEASE – The Tom Davis Lease consists of 84 acres and has 8 open hole wells. These wells are approximately 500 feet deep on average and research has revealed that the "Coniferous" and "Blue Sand" pay zones are the two primary sources of oil at that depth in the area. Bail testing was done with a ‘hydraulic cable tool’ service rig to determine which of the wells would be viable oil producers. Cambrian has provided some pictures below of this ‘bail testing’.

Go to their webpage to see the Bail Testing results:

http://www.cambriansystemscorp.com/projects

If I'm not mistaken thats "oil" on his hand, or some refer to it as black gold. The only thing Cams will be "pumping" is oil. Lets say they thermal image and find 100 million barrels of oil at roughly 90 dollars per barrel. Do the math. I'm no rocket scientist but I would think that would boost revenues a bit. They did a conservative estimate on the bakken of 24 BILLION barrels just recently.





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