CALIFORNIA
East Slopes Project –
Prospect Potential
| |
Number Pools |
Potential Oil
(Million Barrels) |
| Dyer Creek Area |
4 to 5 |
2.5 to 5 |
| North McVan Area |
2 |
2 to 4 |
| Poso Creek Area |
5 to 6 |
3 to 6 |
| Total Potential |
9 to 13 |
7.5 to 15 |
Nine to Thirteen Oilfields
7,500,000 to 15,000,000 barrels of oil | |
Why Southern California?
Prolific area
No significant exploration since 1960
Major oil companies held leases until late 1980’s and small producers/operators remained
No 3-D seismic
Older production methods
Close to Market , infrastructure, services
Technical Team in California
East Slopes Project Production 450 mmbbls
oil from the Jewitt,
Chanac, Pyramid Hills
and Vedder Formations
East Slopes (North) Project
Prospect Potential
The East Slopes area has produced 500 million barrels of oil.
The East Slopes (North) Project has identified a prospective area of similar size.
Potential could be the same order of magnitude.
Southern California Presentation
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