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crude-dude

10/18/10 5:06 PM

#29779 RE: trupm007 #29778

Ohhhhh I know and I can't wait!
LOL

The lease covers 70 acres with 50 drillable acres. The program with KEP will involve drilling five wells to establish the EOR pattern. After initial production is established from these five wells, one will be converted to an injector for the introduction of Coriba. The project estimates initial production from 10-20 barrels per day per well under normal pumping conditions increasing to 25-80 BPD per well per day with EOR. With EOR this project could eventually result in the four production wells yielding between 100 and 300 BPD (3000 to 9000 BPM) to the 100% interest. Live Oak Operating will handle all drilling and daily operations.