Project Profile
Value: Undisclosed
Location: Rime area of the Bakken Fairway in Townships 19-20 North and Ranges 5-6-7 West, Lewis & Clark County in Montana, near Great Falls, USA
Reserves: 80 to 120 millions of barrels of oil recoverable
Area: 5,800 acres
Start-up Year: -
Eco-Trade Corporation, has the rights to the exploration, drilling and production on a property in Lewis & Clark County in Montana, near Great Falls totaling over 5,800 acres called the South Bakken Prospect with an estimated reserve potential of between 80 to 120 millions of barrels of oil recoverable. The South Bakken Prospect is located in a prime area of the Bakken Fairway in Townships 19-20 North and Ranges 5-6-7 West, where the western edge of the Bakken Fairway plunges into contact with the tectonically heated Thrust Zone and the resulting thermal maturity of the Bakken offers the highest potential oil production. Specifically, the prospect lies within the key oil producing zone where thermal maturity (Ro) is between 0.7% and 1.5%. Oil production begins when Ro is above 0.65% and slows when Ro is over 1.3%. The Total Oil Content (T.O.C.) readings in the prospect area are high as well, reading between 7% and 14%, and water content of the Bakken in the area is low. There are excellent resistivity readings in the Upper and Lower Bakken members in key wells in the prospect area. The wells show excellent sections of the Bakken with resistivity readings over 400 ohms, well in excess of the minimum 35 ohms needed for possible oil production. The Middle Member of the Bakken, known as the Sappington Silt, is also well developed, with adequate porosity (3-15%) and permeability (1-20 md) for oil production.
Operators:
Eco-Trade Corporation: Operator with 100% interest