Leland Energy, Inc. has extensive experience developing oil and gas properties across the United States. The Opportunity Drilling & Acquisition Fund will acquire existing producing wells in Colorado and drill 12 new wells across Colorado and Tennessee. The fund offers investors exposure to current production and upside potential from development drilling in established fields with historically high success rates.
Cambridge House Vancouver Resource Investment ConferenceVMS Ventures
The document discusses VMS Ventures Inc., a mineral exploration company focused on discovering copper and nickel deposits in Manitoba, Canada and Greenland. Key points include:
- VMS has a 30% stake in the high-grade Reed Copper deposit in Manitoba, which is undergoing underground development with production expected to begin in late 2013.
- The company has over $10 million in cash and a large land package in Manitoba that will see a $1.2 million drill program in 2013.
- VMS also owns 21 million shares of North American Nickel, which has a large property in Greenland prospective for nickel deposits. Historic drilling at the property has intersected high nickel grades over long intervals.
VMS Ventures has discovered high-grade copper deposits in Manitoba, Canada through exploration of its land package in the prolific Flin Flon-Snow Lake Greenstone Belt. The company's flagship Reed Copper deposit contains over 2 million tonnes of 3.83% copper and is moving towards production through a joint venture with Hudbay Minerals, with VMS carrying 30% interest to production. VMS also holds additional exploration properties in the region through option agreements with Hudbay. The high-grade nature of the Reed deposit provides strong leverage for the project's economics at current copper prices.
This corporate presentation by Esperanza Resources Corp. provides an overview of the company and its flagship Cerro Jumil gold project in Mexico. Key points include:
- Esperanza has added an experienced management team to fast-track the Cerro Jumil project towards production.
- The September 2012 resource estimate for Cerro Jumil showed a 61% increase in measured and indicated resources.
- A preliminary economic assessment for Cerro Jumil outlines an open-pit heap leach operation with average annual gold production of 103,000 ounces at operating costs below $500 per ounce.
- Esperanza is well funded with $40 million in cash to advance Cerro Jumil and has
The document discusses discovering high grade copper deposits in Manitoba, Canada. It describes VMS Ventures Inc., a mineral exploration company with a well-funded treasury exploring for copper and nickel deposits. Key assets include the Reed Copper Deposit in Manitoba, which has entered underground development with production expected to begin in late 2013. The company also owns exploration properties in Manitoba and the large Maniitsoq nickel project in Greenland, which shows potential to host large nickel-copper-cobalt deposits.
Denbury Resources is an oil and gas company focused on CO2 enhanced oil recovery. It has over 1 billion barrels of potential oil reserves recoverable through EOR across its Gulf Coast and Rockies regions. Denbury also has a third growth platform in the Bakken area with over 200,000 net acres and estimated total potential of over 300 million barrels of oil. The company has achieved a 30% compound annual growth rate in EOR production over the last 12 years and expects to continue sustainable growth of 13-15% through 2020. Denbury has secure sources of CO2 to support ongoing EOR projects and potential reserves could be significantly increased through additional CO2 flooding.
Pi financial - Bluestone Resources ReportMomentumPR
Bluestone Resources is a mineral exploration and development company that is focused on advancing its 100-per-cent-owned Cerro Blanco gold and Mita geothermal projects located in Guatemala. A feasibility study on Cerro Blanco returned robust economics with a quick payback. The average annual production is projected to be 146,000 ounces per year over the first three years of production with all-in sustaining costs of $579/oz (as defined per World Gold Council guidelines, less corporate general and administration.
Denbury Resources is an oil and gas company focused on enhanced oil recovery using carbon dioxide flooding. It presented information on its operations including:
- Producing over 71,000 barrels of oil equivalent per day with over 90% from oil.
- Having over 1 billion barrels of potential oil reserves recoverable through EOR across its Gulf Coast and Rockies regions.
- Controlling significant CO2 reserves and pipeline infrastructure that provide a strategic advantage for its EOR operations.
- Having a track record of 30% compound annual growth in EOR production over the last 12 years and projecting continued sustainable growth through EOR.
The presentation provided details on Denbury's asset base, reserves, production
This corporate presentation by Denbury Resources provides an overview of the company and its operations. It summarizes that Denbury is a leading CO2 enhanced oil recovery company in the US with over $10 billion in enterprise value and 67,234 barrels of oil equivalent per day in production. It also outlines Denbury's secured CO2 supply, pipeline infrastructure, oil reserves of over 1 billion barrels, and projected sustainable growth rate of 13-15% through 2020.
Devon Energy is an oil and gas exploration and production company. In 2003, Devon merged with Ocean Energy, significantly increasing the company's production, revenues, and earnings. Key highlights from 2003 include:
1. Revenues increased 70% to a record $7.4 billion due to higher production and oil/gas prices.
2. Net earnings increased over 1500% to a record $1.7 billion, or $8.07 per diluted share.
3. The Ocean merger enhanced Devon's production profile through development projects in the Gulf of Mexico and Equatorial Guinea and expanded its exploration portfolio internationally.
4. Devon replaced over 300% of its 2003 production and ended the year with over 2
Edgewater Exploration is a Canadian mineral exploration company advancing the Corcoesto gold project in Spain and the Enchi gold project in Ghana. At Corcoesto, a final feasibility study is underway and permitting is well advanced, with mine permits expected in Q4 2012. An initial resource estimate at Enchi defined 749,000 ounces of gold. Edgewater is also seeking up to $120 million in project financing. The company's projects benefit from good infrastructure and proximity to producing mines.
New base 22 april 2021 energy news issue 1426 by khaled al awadiKhaled Al Awadi
NewBase 22 April 2021 Energy News issue - 1426 by Khaled Al Awadi
NewBase 22 April 2021 Energy News issue - 1426 by Khaled Al Awadi
NewBase 22 April 2021 Energy News issue - 1426 by Khaled Al Awadi
This presentation by Advantagewon Oil Corp discusses the company's operations and future plans. It acquired properties in Texas that hold proven oil reserves worth over $40 million. The company drilled two successful wells in 2014 and plans 1-2 more in 2015. It also acquired land in another area of Texas with over $119 million in estimated oil reserves. Advantagewon aims to lease additional land and eventually drill up to 300 wells across its properties. The presentation introduces the management team and their experience in the oil industry. It provides an overview of the company's assets and development plans to continue growing production and reserves.
Ontario Graphite: Considerations for Financial Investors in Mining Operations as presented at Industrial Minerals Grapihte Conference in December 2011.
This document is Devon Energy's 2007 annual report. It discusses Devon's strong financial and operational performance in 2007, which included record net earnings of $3.6 billion and cash flow of $6.7 billion. Devon increased oil and gas production by 12% and drilled its 1,000th well in the Barnett Shale. The report highlights Devon's commitment to growth, including ongoing development projects and exploration, particularly in the deepwater Gulf of Mexico. It also discusses Devon's commitment to its employees, communities, and the environment.
Challenger August Investor Presentation 290811princeslea79
Challenger Energy’s strategy is to identify, acquire and appraise material upstream oil and gas
exploration opportunities
Mercury Stetson Prospect in North Texas, US
Two proven shale formations – Barnett and Woodford
Massive potential gas in place with OGIP estimated at 360 BCF/sq mile
Large prospect area – potentially up to 55,000 acres (86 sq miles)
Prospect is close to existing infrastructure
Contiguous land position of ~ 26,000 acres with a short term target of 35,000 acres.
Triple Crown Prospect in Texas, US
Significant acreage – 45,000 acres with options over a further 6,500 acres.
Large gas charged zones, Ellenburger (dolomite) and an unconventional Hybrid play which is geologically analogous to
Montney Hybrid Play in Western Canada with an estimated OGIP of 9 TCF.
Testing to commence shortly on both the Ellenburger and Hyprid Play
Karoo Basin in South Africa
Shale gas in Karoo Basin now a major focus for international E&P companies (eg Shell, Cheasapeake, Statoil and Sasol)
Challenger Energy’s permit of approx. 800,000 acres centred on only well within basin to flow significant gas to surface to
date, awaiting approval.
Independent US Energy Information Agency report suggests Risked Recoverable Resource of more than 7 TCF in
application area.
Attractive assets have exciting potential to grow significant shareholder value
Vms nan combo for astrologers fund feb 2013VMS Ventures
The document discusses VMS Ventures Inc., a mineral exploration company focused on discovering copper and nickel deposits in Manitoba, Canada and Greenland. It provides an overview of VMS's key projects including the Reed Copper Deposit in Manitoba, which is in a joint venture with Hudbay Minerals and expected to begin production in late 2013. It also discusses VMS's 100% owned exploration properties in Manitoba and North American Nickel's Maniitsoq nickel project in Greenland, which has returned high-grade drill results. Milestones and exploration plans for 2013 are outlined.
Edgewater Exploration is a Canadian mineral exploration company with gold assets in Spain and Ghana. In Spain, Edgewater is advancing the Corcoesto Gold Project, which has over 325,000 ounces of gold in the measured and indicated categories. Edgewater plans to publish an updated resource estimate and feasibility study for Corcoesto in 2013. In Ghana, Edgewater has a joint venture with Kinross Gold on the Enchi Gold Project, which has an initial inferred resource of over 749,000 ounces of gold. Edgewater is also exploring additional targets on the Enchi property.
This document is Devon Energy Corporation's 2005 Annual Report. It summarizes the company's key accomplishments for the year, including record financial results and adding nearly 440 million barrels of proved oil and gas reserves, almost double the amount produced. It highlights successful drilling projects like the Barnett Shale that contributed significantly to reserve growth. The report also discusses Devon's strategy of investing in longer-term projects to ensure sustainable growth, such as discoveries in the deepwater Gulf of Mexico and the Jackfish oil sands project in Canada.
Edgewater Exploration is a Canadian mineral exploration company advancing its Corcoesto Gold Project in Galicia, Spain and Enchi Gold Project in Ghana, West Africa. The Corcoesto project has over 325,000 ounces of gold in the measured and indicated categories and over 1 million ounces inferred. A preliminary economic assessment shows potential for over 100,000 ounces of annual gold production over a mine life of 9.9 years. At the Enchi project, Edgewater has outlined over 749,000 ounces of inferred gold resources along 40km of the prolific Bibiani Shear Zone. Edgewater plans to continue expanding resources at both projects through exploration and feasibility studies.
The document summarizes Canadian Zinc Corporation, an emerging zinc producer that owns the high-grade Prairie Creek Mine in the Northwest Territories. The mine contains over $200 million in infrastructure and was previously permitted but requires final permits. Recent studies show an 11-year mine life with average annual production of 120,000 tonnes of zinc, lead, and silver concentrates. The mine has support from local communities and governments and plans to use underground mining and milling to produce high-grade concentrates for potential significant economic returns.
This document provides information about direct investing in oil wells through Crude Energy. It discusses how advances in drilling technology like horizontal drilling and fracking have led to a boom in US oil production. Private investors can now directly invest in oil wells to participate in revenues. Crude Energy offers opportunities for accredited investors to invest in drilling projects and receive a portion of well income and tax benefits. The document provides details on various US shale formations with oil potential and how direct investing works.
Southwest California Legislative Council letter of OPPOSITION to AB 2729. Making gas and oil more expensive, trying to shut down more wells, cost the state more money
The document summarizes the Sleeping Giant Gas Project in North Dakota. It describes the large gas potential from shallow reservoirs, analogous to fields in Colorado that have produced over 1 Tcf of gas. The primary exploration target is the Niobrara Formation at 1300 feet depth, which has excellent porosity and is the source rock. If successful, over 100 Bcf could ultimately be recovered from the 2500 sq km structure, providing opportunities to drill over 100 wells.
All Oil Companies Are Not Alike outlines Denbury Resources' strategy of acquiring mature oil fields and using carbon dioxide flooding techniques to recover additional oil reserves. Denbury has over 1 billion barrels of potential oil reserves accessible through CO2 enhanced oil recovery. They own or control over 1,000 miles of pipelines to transport CO2 to oil fields as well as strategic CO2 supply sources. Denbury focuses on applying proven CO2 flooding processes to repeatably grow production and reserves from its inventory of oil fields suitable for the technique.
1) Enhanced Oil Resources is an oil and gas company focused on increasing production and reserves through infill drilling and CO2 enhanced oil recovery in the Permian Basin.
2) The company owns the largest undeveloped helium and CO2 field in North America which could supply their CO2 EOR projects.
3) Their plan is to increase production to 1,000 bopd in 2010 through infill drilling and fracture stimulation, and begin permitting for CO2 pipelines and facilities.
This document is Burlington Resources Inc.'s annual report (Form 10-K) filed with the Securities and Exchange Commission for the fiscal year ending December 31, 2001. It summarizes Burlington Resources' business operations including that it is engaged in oil and gas exploration, development, production and marketing and is one of North America's largest natural gas producers. It also describes Burlington Resources' acquisition of Canadian Hunter Exploration Ltd. in December 2001, which added attractive producing properties, long-lived reserves and exploration potential located primarily in Western Canada.
Standard Royalty Group is an oil and gas investment firm located in Dallas, TX. They seek niche investment opportunities in the energy sector that provide asset value and cash flow while maintaining a low-risk philosophy. Their strategy focuses on acquiring mineral rights, royalty interests in producing and non-producing assets, and low-producing oil and gas wells which can be improved with new extraction technologies. They also look for joint venture opportunities in drilling and investments in midstream energy infrastructure like pipelines and processing facilities.
Review of EOR Selection for light tight oil
Key Themes:
Upfront EOR Development Planning
Cash is king but Permeability Rules
Geology Selects Technology
Nanospheres, Steam Flooding, Misc Gas Flooding, EOR Selection Criteria
Rango Energy is an independent energy company engaged in oil and gas exploration and production. They have recently signed an agreement with Hangtown Energy to earn a working interest in three oil projects in Central and Southern California totaling over 12,000 acres. The projects offer potential production from multiple formations including the McAdams sandstone and Monterey Shale. Rango will fund initial development and receive production revenues until costs are recovered, after which their working interest will be 75% of Hangtown's interest for the life of the wells. The projects offer significant resource potential from existing and future drilling.
NewBase 16 October 2023 Energy News issue - 1665 by Khaled Al Awadi_compres...Khaled Al Awadi
NewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al Awadi
Microsoft powerpoint managing environmental risk in investing in shale playsScott Deatherage
This document discusses managing environmental risk for successful oil and gas shale investment. It outlines the economic opportunities in shale plays and the typical drilling and fracturing process. Some key environmental risks that must be managed include issues related to wellbore integrity, flowback water management, spills, air emissions, and induced seismicity from wastewater injection. Both state and federal statutes apply, including regulations around casing/cementing, waste transport and disposal, air and water quality. Litigation has been filed alleging environmental damages. Investors can evaluate risk by ensuring companies follow best practices around drilling, fracturing, and waste management to protect water and air quality.
This 2002 annual report from Devon Energy Corporation provides an overview of the company's strong financial and operational performance in 2002, highlights of integrating recent acquisitions, and positioning for continued future growth. Key points include record total production of 188 million barrels of oil equivalent, replacing 278% of production through drilling at a cost of $7.18 per barrel, nearly doubling in size through acquisitions of Mitchell Energy and Anderson Exploration, and establishing a firm financial and operational foundation for future growth through debt reduction and focused investment.
Fossil Bay Energy - Investment Opportunity CIM - September 2016 - BMM v3Dan Kulka
Fossil Bay Energy is commercializing a novel method of enhanced oil recovery (EOR) using portable exhaust gas production units. This method uses combustion exhaust gas, which contains 13% CO2, injected directly at oil wellheads. It can effectively recover stranded oil reserves left behind by conventional extraction methods by doubling the recoverable oil. Unlike CO2 flooding which requires expensive pipelines to transport CO2 from distant sources, Fossil Bay's mobile units produce exhaust gas onsite, making EOR economically viable for thousands of additional oil fields. Fossil Bay aims to develop strategic relationships with oil producers to secure rights to apply this new EOR method.
This document defines oil and gas industry terms from A to W. Some key terms include:
- Accredited investor - an individual or institution deemed capable of understanding financial risks of unregistered securities.
- Blowout preventer - a large valve mounted on a well during drilling to stop uncontrolled oil/gas flow in emergencies.
- Commercial well - a well capable of producing enough oil/gas to pay for itself and provide a profit.
- Drilling rig - equipment used to bore into the earth, either using a rotary or cable tool method.
- Exploration - efforts to search for new oil and gas deposits.
- Working interest - the operating interest allowing the holder to conduct drilling and
Case Study 3 Little Judson ProspectOctober 15 was another beaut.docxmoggdede
Case Study 3: Little Judson Prospect
October 15 was another beautiful, blue-sky day in western Albany County, Wyoming. Mick McMurry could see some cattle grazing the fields on the high- plains dessert out in front of him. He was grateful for the bucolic setting and his generous circumstances which were made possible by his doing very well with some of his investments, one of which now required some concentration. Mick was the founder and President of Nerd Gas Company. The decision at hand was whether to drill an oil well known internally as the Little Judson Prospect or not, in his effort to try to chaset he Niobrara shale oil play.
The Company
Founded by Mick McMurry in 1996, Nerd Gas Company, LLC is a private, Wyoming-based energy investment company whose primary focus is on the efficient and responsible exploration of hydrocarbons in Wyoming and the northern Rocky Mountain region. Nerd Gas Company is one of Wyoming’s leading entrepreneurs in energy projects in a state recognized for the depth and breadth of its extensive mineral resources.
Nerd is currently involved in conventional oil and gas exploration projects in the Wyoming-Utah Over- thrust Belt and the Rocky Mountain region. Zones of interest are primarily traditional oil or gas-bearing Cretaceous sand reservoirs, traditional carbonate reservoirs and both structural and stratigraphic traps. Nerd is also currently invested in other potential energy-producing projects in Wyoming, including a “pure play” uranium exploration project in the Powder River Basin.
Nerd Gas Company is proud of its talented group of professionals on staff that have spent the majority of their careers focusing on Rocky Mountain reservoirs and solving energy production challenges. Profession- al expertise includes land management, drilling and extraction, completions and production, and in-house energy financial analysis. The combination of strong capital, seasoned professionals and the owner’s entre- preneurial spirit allows Nerd Gas to take advantage of rapidly developing opportunities. In 2007, Nerd Gas Company was awarded the Torch Award for Business Ethics by the Rocky Mountain Region Better Business
Bureau and was the state of Wyoming’s first-ever recipient of the award.
In 2008, Nerd Gas Company contracted with the Idaho National Laboratory (INL) to conduct a feasibility study investigating the technical and economic viability of locating a natural gas-to-liquids (GTL) facility in the state of Wyoming. Initial feedback delivered by INL suggested Nerd continue to advance the project. Nerd has been working with technology providers and the state of Wyoming in a proposed, modular-designed GTL project located in central Wyoming.
In 2011, Nerd Gas, along with three local partners possessing significant geologic and exploration expertise, formed Stakeholder Energy, LLC. Stakeholder was formed to pursue large-scale uranium exploration in Converse County, Wyoming. Stakeholder has leased significant acreage ideall.
Andromeda Resources Inc. Corporate PresentationAndromedaInc
The document summarizes the development of a world-class zinc-copper oxide project located near Chihuahua City, Mexico. Key points include:
- The project contains a high-grade NI 43-101 compliant resource of 2.6 billion pounds of zinc and 638 million pounds of copper, including a discrete 1.9 billion pound zinc resource at the Cerro Verde zone.
- The project has significant infrastructure already in place and was a past copper producer. It is expected to produce between 100-125 million pounds of zinc cathode and 8-10 million pounds of copper per year.
- The company recently acquired the project and plans to advance it towards production through optimization studies and a
This corporate presentation provides an overview of Denbury Resources, a company that uses carbon dioxide enhanced oil recovery (CO2 EOR) to produce oil from mature oil fields. Some key points:
- Denbury has over 1,100 miles of CO2 pipelines and a large inventory of mature oil fields that it acquires and develops using CO2 EOR.
- CO2 EOR has provided Denbury with a 29% compound annual growth rate in production since 1999 and over 90 million barrels of oil produced to date.
- Denbury estimates there are over 1 billion barrels of potential oil reserves recoverable across its Gulf Coast and Rocky Mountain regions using CO2 EOR.
JENCO Energy is a joint venture with Oklahoma Petroleum, Inc. that seeks to identify and lease land for drilling oil and natural gas wells. They have assembled a team of over 100 professionals with extensive experience. The company focuses on offset and developmental wells, which have a 95% industry success rate. Investors can expect tax deductions of up to 100% of their initial investment and ongoing tax incentives. The company is currently offering units in the Fountainhead #1 natural gas well, which is projected to produce 650,000 cubic feet per day and see returns within 6 months.
Sage Gold is developing the Clavos gold deposit in Timmins, Ontario with the goal of near-term production to generate cash flow. Key points:
- Clavos has permits and infrastructure in place from previous operations, reducing upfront costs.
- A PEA estimates production of 145,000 oz over 7 years with an IRR of 71% at $1,500/oz gold price.
- Near-term plans are to refurbish existing underground workings and begin production at 700 tpd.
- Resource consists of 1.3M oz indicated and 0.8M oz inferred with potential to expand along strike and at depth.
Similar to Opportunity Drilling & Acquisition Fund, LLC (20)
You Get Me! Leveraging Communication Styles in Virtual TrainingpptxCynthia Clay
This 30-minute NetSpeed Nuggets session explored two dimensions of style (Practical vs. Creative and Logical vs. Personal) as well as four communication styles (Achiever, Anchor, Adventurer, and Analyzer), and what each communication style prefers in a virtual training session. By adapting to all four communication styles, the virtual facilitator can deliver the most effective virtual training session.
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A Complete Guide of Dubai Freelance Visa and Permit in 2024Dubiz
Dubai warmly welcomes professionals from every field, including freelancers. The city’s strong economy provides a fertile ground for freelancers to thrive and succeed. With the rise of digitalization and changes in employment trends, many people are choosing freelance careers for the independence and flexibility they offer. And where better to start your freelancing journey than in Dubai? However, to begin your journey, you will first need to get a freelance permit and a freelance visa Dubai.
Let’s begin by exploring the opportunities for freelancers in Dubai and learn how to obtain the necessary visa and permit, including associated requirements and costs.
2. OPPORTUNITY DRILLING & ACQUISITION FUND, LLC
EXECUTIVE SUMMARY
The “Opportunity Drilling & Acquisition Fund, LLC” (the “FUND”) is an Investment Vehicle
designed to provide security through the acquisition of currently existing early stage
production, with the upside long term profit potential of new wells being drilled in primarily
developmental properties.
ACQUISITIONS
The “Fund” has, under contract, through its Supervisory Operator, the rights to purchase a 50% Working Interest in 4 producing wells in
Weld County, Colorado. These wells, located just outside of Greeley, Colorado, are drilled & completed in the prolific Wattenberg Field of
the D & J Basin. The wells are producing from the Niobrara, and the Codell formations at a depth of 8600 feet. Wells producing from these
formations have a historic production rate of between 25 and 30 years.
The Interest to be purchased is less than 2 years old, they all produce both oil & natural gas, and have contracts for the sale of same for
both. Plains Marketing, Inc. is the buyer for the oil and the natural gas is sold to DCP Midstream, a division of Duke Energy, Inc. The
purchase of these interests will allow for a secure asset stream and early startup to the Fund.
DRILLING ACTIVITY
There will be a total of 12 new wells for the Fund. All are in direct off-set developmental locations. Two of the wells will be drilled in the
Colorado D&J Basin, Adams County, Colorado, and the remaining ten wells will be drilled in Pickett County, Tennessee. These locations are
direct off-sets to numerous commercial wells. The Colorado D&J Basin wells will be drilled to a total depth of approximately 8700 feet and
will target the Dakota Sands (deepest), the J-1 and the J-2 Sands respectively, and the Codell. All of these formations are active, producing
formations in this area, making the probability of success (*90% plus) extremely high. These wells are expected to produce BOTH oil &
natural gas. These sands are typically stimulated with hydraulic fracturing with great success. Purchasers for both are competitive and
readily available for both in this market.
The 10 Pickett County, Tennessee wells are “shallow” wells, 2000 feet. These wells will target the Knox (deepest) the Stones River, the
Sunny Brook and the Murfreesboro formations. These wells also are to be drilled on leases that are currently producing and will be direct
off-sets to commercial wells. Current commercial success rate in the immediate area is over 75% and is typically completed with nitrogen,
foam stimulation treatment for enhanced recovery. Barrett Oil Transport and Coomer Oil are the current active purchasers and
transporters in this area.
Our Supervisory Contractor, Leland Energy, Inc. has a 100% success rate in Colorado and a 75% commercial success rate on its drilling activity in Tennessee.
Additionally, based on its high success rate and long standing (35 years) experience in the oil & gas industry the Supervisory Contractor will provide, as
part of its contracted services, an Energy Production Deficiency Protection Plan.
2
4. OPPORTUNITY DRILLING & ACQUISITION FUND, LLC
OVERVIEW OF THE LEASES
The Opportunity Drilling & Acquisition Fund, LLC (The “Fund”), is a financial investment designed
specifically for today’s economic environment. It combines current “in place” producing reserves with
the upside of millions of dollars in developmental production.
WELD COUNTY, COLORADO
The Fund has under contract through its Supervisory Operator, the rights to purchase a 50% Working Interest in 4 producing wells in Weld
County, Colorado where the ever expanding DJ Basin is the leading productive field and the 7th largest oil & natural gas field in the U.S. There is
currently an average of 19,000 active wells in the field. The formations, Niobrara, Codell, and J Sands 1 &2 are tight sands and shales that
collectively produce both oil and gas and typically stimulated with hydraulic fracturing, and have a success rated of over *90.0% (plus). The
Codell wells have a history of producing 25 – 30 years and more.
With new technology in fracturing these wells, they can be re-fractured after several years of production which can increase production, in some
cases, higher than the original flush production. The purchase of these interests will allow for a secure asset stream and early startup to the Fund.
ADAMS COUNTY, COLORADO
The Fund has also attained the rights, through its Supervisory Operator, to two new wells in Adams County, Colorado. Also located within the
prolific Wattenberg Field, the Adams County location has potential for successful drilling & completion. What makes these locations so exciting
is that they are a direct off-set to some very good wells. More detailed information on these wells is located in the Adams County section of this
booklet.
In addition, we will get a premium price for our gas because of its rich content. Even more great news is that, in the well logs reviewed of off-sets
to the new locations, there are 2 additional pay zones that show future commercial options, and possible behind the pipe assets and revenue.
PICKETT COUNTY, TENNESSEE
The Fund through its Supervisory Operator, has the rights for the drilling & completion of 10 “new” wells in Pickett County, Tennessee, all to be
drilled at a minimum to the Knox Formation. The developmental projects, the Larry Storie Lease & the H. Johnson Lease, are 800+ acres in the
Parker Etter Field which is located in the very prolific Moodyville Quadrangle.
These are all “infill” locations, which places them at direct off-set to our current proven producing wells. These wells will be drilled & completed
using today’s sophisticated engineering techniques & completion treatments to insure maximum recovery and production. Given the “off-set”
and “infill” locations, the probability for hitting a commercially successful well is better than 90%.
4
5. OPPORTUNITY DRILLING & ACQUISITION FUND, LLC
WELD COUNTY, COLORADO
The Fund has, under contract through its Supervisory Operator, the rights to
purchase a 50% Working Interest in 4 producing wells in Weld County
Colorado, in the New Winsor area that adjoins the northern portion of the
Wattenberg field which is in the ever expanding DJ basin (See Figure 1).
There are currently over 19,000 active wells in the area. The Formations are
Cretaceous aged deposits covering large portions of the Eastern Plains of
Colorado. The Formations are tight sands and shales that collectively
produce both oil and gas, which are typically stimulated with hydraulic
fracturing.
Figure 2 – DJ Basin formations graphic depicting
field in various depths and stimulation(s).
The majority of wells in the Wattenberg field are re-fractured
or re-stimulated using an elliptical model, for greater recovery
of reserves (See Figure 2). Re-fracturing and the use of low
cost "slick-water fracs" (as opposed to a conventional "gel-
Figure 1 - Regional Well Map of the Wattenberg Field based fracs") further the economic feasibility of these wells.
*See Larger Map of Existing Well(s) Drill Site on Following Page 5
7. OPPORTUNITY DRILLING & ACQUISITION FUND, LLC
ADAMS COUNTY, COLORADO
The Adams County lease is just outside the city of Brighton, about 30 miles north of Denver.
The primary off-set is the North – York #3, permit # 901120 which was spud in on October of 1990. It was
completed in the J-Sand at 8352’ to 8430’ Its Initial flow rates were as follows over a 24 hour period: 43 Bbls
of Oil and 2392MCF of gas. (See attached copy of the “Completion Report” filed with the state of Colorado in
December of 1990 on following pages).
Currently, our average price paid on the Weld County wells are $4.25 per MCF and $80 per Bbl. Due to the
proximity of the fields and similarity of the formations, it is likely that we will get the same quality gas from
the new wells and receive the higher gas payment amount. That would be equal to revenues of $13,606 per
day at today’s prices; 43 Bbls. of oil times an $80 net per Bbl = $3,440 on oil, and 2392MCF times $4.25 =
$10,166 on gas. That’s a total in excess of $353,000 per MONTH in today’s pricing!
The additional great news is that in the well logs reviewed on this and other off-sets, there are 2 additional
pay zones that show commercial options and possible behind the pipe assets and revenue: the Codell (above
the J-Sand) at around 7900’, and the Dakota (below the J-Sand) at approximately 8560” to 8580’, both being
oil & gas bearing formations.
Another off-set, the Barlow, was re-completed in 1978 in the Dakota formation. Keep in mind the treatment
(fracing) techniques were not nearly as sophisticated as they are today. That well generated 26 Bbls of oil and
500MCF over its 24 hour test. Again, at today’s pricing that’s 26 times $80 = $2,080, and the 500MCF times
$4.25 = $2,125 per day in gas revenue. That times 26 production days a month = over $109K in monthly
revenue! (Completion Report on following pages).
Our 2 new locations need to have 1 currently expired permit sent in for renewal. We can expect a 60 day (or
more) period for the re-issuing of the permits, after which we will commence drilling.
*See Map of Surrounding Area on the Following Page 7
9. OPPORTUNITY DRILLING & ACQUISITION FUND, LLC
FORMATION CROSS-SECTION: ADAMS COUNTY, COLORADO
As referenced in the detailed description of Adams County, please see above a diagram of the
additional pay zones pertaining to the 2 wells to be drilled. 9
10. OPPORTUNITY DRILLING & ACQUISITION FUND, LLC
PICKETT COUNTY, TENNESSEE
The proposed new wells are locations offsetting and between known producers. All the wells drilled on
this acreage were drilled on ten acre spacing, in compliance with spacing laws in Tennessee. The State
of Kentucky determined several years ago the Knox formation was very dense and not porous enough
to effectively drain ten acres. Tennessee followed suit and changed the spacing law for three counties
in Tennessee, Pickett County being one of them because most of the production was from the Knox
formation.
They concluded that Knox wells should be drilled on five acre spacing, due to their fractured porosity
within the producing zones. This lease offers new locations between producing wells that have retained
most of its virgin pressures. All IP’s for current existing wells are between 27 – 50 Bpd.
In comparing this lease with Leland’s known Knox lease located 1 mile south of The H. Johnson / Storie
Prospect Lease (see following pages for Proven Production & Proven Reserves for more information),
you can see some of the production history. Two (2) existing wells we treated produced in excess of
1200 bbls of oil within a 30 day period.
We have also included in the following pages a structure map on the Knox formation, note the same
structural features. There is every reason to believe, through the reserve report and by the comparison
with a known Knox lease, we have the potential to reach the same production numbers or exceed
them.
10
16. PROVEN PRODUCTION & RESERVES
WELD COUNTY, COLORADO
Above:
Well Fracing & Completion work, Weld County, CO 2011
Left Top & Bottom:
Completion Process: Pumps, Tanks, and Fracing Equipment,
Weld County, CO 2011
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17. PROVEN PRODUCTION & RESERVES
WELD COUNTY, COLORADO
Bottom Left & Right:
Well Caps in place awaiting treatment, Weld County, CO 2011
Top Right:
Natural gas line for tap in, Weld County, CO 2011
17
18. PROVEN PRODUCTION & RESERVES
THE H. JOHNSON LEASE: PICKETT COUNTY, TENNESSEE
Top & Right:
Nitrogen Foam Frac Treatment set up for H.
Johnson Wells #3 and #11
19. PROVEN PRODUCTION & RESERVES
THE H. JOHNSON LEASE: PICKETT COUNTY, TENNESSEE
Left:
Oil into the pits from Well #6L
Top Right:
Inside one of the Logging Truck on the H. Johnson Lease
19
20. PROVEN PRODUCTION & RESERVES
THE H. JOHNSON LEASE: PICKETT COUNTY, TENNESSEE
#6L Tank Battery & 1st Pick up by Barrett Oil Purchasing
Pickett County, TN 2012
20
22. WORLD ENERGY MARKETS
WORLD GROWTH
WORLD GROWTH
In most past "dips" (recession, depression), there
has been one primary in world economic growth.
Whether it was the prevailing world power such
as the United States or a combination of nation
states, there has NEVER been the pending
demand for essential commodities as there are
today.
China has clearly accommodated a "capitalistic"
stance to its supposedly communist system of
governing.
India has become a "land of opportunity"
different from even its own recent past.
Both of these countries are just now giving birth
to a massive middle class, a class that will
demand goods and services unprecedented in
the history of the world.
Russia is also flexing its muscles as an economic
power and is eager to compete on the world
stage after many, many years of being a closed
society.
22
23. WORLD ENERGY MARKETS
WHY INVEST IN DOMESTIC ENERGY?
Profitability: Evaluation, location & information
technology can greatly limit downside risk &
maintain huge upside potential.
Consistency: Long term necessity & ongoing world
demand for product (oil & natural gas).
Peace of Mind: Long term revenue stream helps
eliminate portfolio volatility.
Tax Benefits: Unique & significant as compared to
most ALL other investments. (See more details in
the box to the right of this page).
Job Creation: Domestic drilling & operating Tax Benefits of Investing in Energy
DIRECTLY create ongoing, good paying, long term
• Intangible Drilling Cost Tax Deduction
employment for U.S workers.
• Tangible Drilling Cost Tax Deduction
Direct Participation: Total transparency as to how • Active vs. Passive Income
your money gets put to work for you. - Lease Costs
Communication with experienced & accessible - Alternative Minimum Tax: 100% of the
principles & management. intangible drilling costs can be written off
in the first year (depending on tax status)
23
24. WORLD ENERGY MARKETS
WHY INVEST IN DOMESTIC ENERGY?
Without question, we need to develop our oil and natural gas resources here at home. Not only is this crucial in
moving us towards energy independence, domestic production of oil and natural gas creates Americans jobs!
The oil and gas industry contributes to OUR economy, from producing to refining, from processing to
transportation, and from storage all the way to distribution and retailing.
It also has indirect economic benefits to other industries. The oil and
natural gas industry has a widespread economic impact thought-out
all sectors of the economy an across all 50 states. Not to mention
Job Creation: Domestic drilling & operating DIRECTLY creates increasing revenues for local state governments.
ongoing, good paying, long term employment for U.S. Workers.
24
26. DOMESTIC OIL & GAS DEVELOPMENT EXPERIENCE
LELAND ENERGY, INC.
Leland has been committed to Domestic Energy Resource Development for over 35 years
Leland Energy, Inc. is an independent energy resource company primarily involved in the drilling, operating, and
development of oil and natural gas. The company has been around since 1975, when it was originally
incorporated as a Texas corporation under the name "Leland Petroleum, Inc.”
In the years since then, it has continued to be solely owned by the Thompson family, and has been subsequently
renamed and re-incorporated as a Nevada corporation; the current name of Leland Energy Inc., more clearly
reflecting the focus of the business.
Kentucky Well Tour, 2009
26
27. DOMESTIC OIL & GAS DEVELOPMENT EXPERIENCE
LELAND ENERGY, INC.
By putting together small and intermediate size blocks within a County,
we can still benefit by the economy of scale that allows us to keep
expenses within industry acceptable parameters, and at the same time,
begin to accumulate an ever expanding portfolio of producing
properties with excellent long range profits along with substantial in
the ground reserves to be developed over the coming years.
(90% Oil Cut Well #2, Codell) 85% Treatment
Weld County, CO
Engineers on a Drill Rig platform Weld County, CO 2011
27
28. DOMESTIC OIL & GAS DEVELOPMENT EXPERIENCE
LELAND ENERGY, INC.
Most of the drillers and operators in this area have no "exit
strategy" and, like all businesses, need the infusion of capital
to continue to grow and expand.
Most independents would not dream of looking at a lease
with 4 producing wells and only 1000 acres remaining for
development. We will!
??
Partner Visit to Block Battery Tanks
Green County, KY, 2009
Rig with Drill Pipe, Weld County, CO, 2011
28
29. Newly Painted Tank Battery, Well #12L - Pickett County, Tennessee
The energy resource business will continue to be a vital component in the growth and security of our
nation. Even in this very erratic economic climate, energy commodity prices have maintained a strong
market price. While we here at Leland Energy, Inc. are not "experts" in world economics, we believe
that energy commodity prices will continue to climb.