Majestic Oil & Gas Finds Oil with Northern Montana Wildcat

Majestic Oil & Gas has successfully drilled and ran 4-1/2" production casing in the Jody Field #4-1 well located in Pondera County, Montana.

This exploration wildcat oil well was drilled in the NENENE-Section 4-T28N-R6W, Pondera County, Montana to a Total Depth of 3,545 feet. The Company made a discovery in the Madison/Sun River Dolomite and encountered 3 separate pay zones. The first pay zone was from 3446' to 3454' (8 feet) with porosity of 8% to 10%. The second pay zone was from 3456' to 3464' (8 feet) with porosity of 8% to 11%. The third and most prolific zone discovered was from 3466' to 3488' (22') with porosity of 12% to 19%. This is a total discovery of 32 feet in the Madison/Sun River Dolomite. All zones showed excellent resistivity on the array induction tool, good permeability on the micro-log and excellent oil and gas shows throughout the geologic samples. These shows included a strong petroliferous odor, uniformed yellow fluorescence and live light brown oil stains in samples with a strong flowing cut in trichloroethane.

The Company owns a 25% interest in this wildcat oil well and plans to complete the well within the next few weeks.

Company: Majestic Oil & Gas more info
 - Majestic Oil & Gas Finds Oil with Northern Montana Wildcat (Nov 20)