BrewBilt Brewing Co (BRBL)

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I found this information concerning the new area of interest mentioned by Grid in that PR.


Under the surface of at least fifteen West Texas counties—stretching from Reagan and Irion to perhaps as far north as Kent and Stonewall—excitement is bubbling over the new Cline shale, which according to some estimates may be the largest new oil & gas play in North America. As more and more exploration and production companies move into the area to join Devon Energy, Chesapeake Energy, Apache Corporation, Laredo Petroleum, and Japan’s Sumitomo Corporation, mineral interest owners are no doubt dreaming of dollar signs and an early retirement.

Test wells on the Cline show the shale contains 3.6 million barrels of recoverable oil per square mile, about 300 billion barrels of recoverable oil for the entire shale.

Until recently, the Eagle Ford Shale was considered to be the richest shale play in Texas. The Eagle Ford Shale covers Webb, Dimmit, Lavaca, McMullen, Karnes, DeWitt and Gonzales counties in the southern portion of the state.

Recent advances in horizontal drilling have opened up the possibility of drilling in areas like the Cline.
The Cline’s depth is equivalent to 10 Eagle Ford Shales stacked on top of each other.