Drilling is expected to begin on the Northeast 12 Prospect over the next week. The test well, located in the NE quarter of Section12 - 25N/19E, will be a low risk 2,800 ft. directional hole designed to test multiple objectives with the Etchegoin Formation defined by 3-D seismic and well control with a potential reserve of 4.6 BCF.
Geologically the Upper Miocene-Pliocene Etchegoin Formation over the prospect area is defined as shallow marine, intertidal shoal and sand-wave deposits. Shoals and deposits are lenticular in nature and are generally elongated in a southeast northwest direction. During time of deposition, the North West Lost Hills anticline was forming causing deposition of most sands on the flanks of the structure. Current oil and gas production from the Etchegoin is located one half mile to the south of the prospect. Gas thermal value from the production is 1066 BTU/MCF and oil gravity is on the order if 30 degrees API.
"Our strategic alliance with our partners at Longbow LLC and Archer Exploration continues to build our portfolio of oil and gas properties," said John Punzo, Sonoran Energy CEO. "This new gas property further extends the company's influence in Kern County, and has the potential to add significantly to Sonoran Energy's gas production capacity in the short term."
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