Rock Ridge Resources, Inc. (RRRI)

[explorer186]

K1 can be a money maker after all: [From RB]

I found this on the TNOG longs board--interesting stuff from Peter Maupin.

"In the past the wells in this area of interest were produced until
they began to produce a significant amount of water at which time they
would be abandoned. There was only one water injection well in the area
and it was a commercial well which charged to inject the produced water
not-to-mention the cost of trucking the water approx. five miles to
this facility. We now know that, if you have a disposal well, you can
produce fluids at a high rate and produce substantial amounts of oil
from these Austin Chalk wells. I am attaching a production test from a
well in the Pearsall Field which shows production rates once the well
was put on a high-volume submersible pump – see attachment no. 4. You
will note that this well averaged 822 bopd for the test period! It is
therefore obvious that any plan for development would need to include a
conversion of one of the wells to a water disposal well."

Stanely was the largest producer in this entire feild producing over
30,000 barrels of oil before it began producing some water. It could
definiately be the home run we are looking for. If it hashes out that
well.

This was titan's Original plan, what they were going to do FIRST but
decided to go with K#1.