EAST TEXAS MINERALS
The company has 100% ownership of the fee minerals in 27,557 gross acres in Anderson and Freestone Counties of East Texas. The mineral block is on trend with the three active areas of East Texas, the Bossier Sand, Cotton Valley Lime, and the Cotton Valley Pinnacle Reef Trend. Activity within these trends has been high for the past five years and is projected to continue.
In addition to these highly active trends, the minerals are favorably situated for the traditional "tried and true" formations of the Woodbine, Rodessa/Pettit and Travis Peak. Opportunities exist on the minerals to exploit these shallower formations to develop cash flow streams to sustain future operations. Wentworth Energy believes the minerals are significantly underdeveloped. Currently, 43 potential in-fill locations have been identified for drilling. Prospect mapping is currently underway and has identified several high potential prospects slated for development in the near future.
EAST TEXAS WELL (POLK COUNTY)
Wentworth Energy, Inc. owns an 82.5% working interest in a 12,450-foot oil and gas well in Polk County, eight miles north of Livingston, Texas. In July, the Company announced that it had successfully re-entered and re-stimulated the well and recorded average production of 120 BOPD and 250 MCFGPD with a flowing tubing pressure (FTP) of 1,600 psi on a 10/64ths choke. The Company is in the process of installing a tank battery for the well and laying a gas line to connect the well to a gas purchaser. During the re-stimulation on July 14, 2006 approximately 60,000 pounds, of a planned 100,000 pounds of sand, were pumped into the Woodbine formation resulting in the stabilized flow rates. Wentworth Energy has been conducting a $1.6 million re-entry program on the well since mid-April.
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