Project Profile
Value: Undisclosed
Location: Lozano lease, west Texas, USA
Production: 15 bbls of oil per day
Area: 110 acres
Start-up Year: -
The three wells, which Alamo acquired a working interest in during 2009, are located on a 110-acre parcel in West Texas known as the Lozano lease. For the year ended April 30, 2011, the production from Alamo\'s interests in the Lozano lease totaled approximately 1,600 barrels of oil. After Noveber 2011 the lease was sold to United American Petroleum Corp. by Alamo and in 2012 the production from the Lozano lease has increased and stabilised at a rate of approximately 15 bbls of oil per day.
Operator:
United American Petroleum Corp.: Operator with 100% working interest