Denver-Julesburg Basin

Denver-Julesburg Basin

16,109 ACRES (GROSS & NET) IN THE DENVER-JULESBURG BASIN

Morgan County, Colorado

• Multiple payzones: D&J Sandstone, Atoka/Cherokee, Niobrara/Greenhorn, Morrow
• Acreage has past production of 540,000 barrels oil from three wells with several offsets that have yet to be drilled
• D&J Sand potential:
– 30,000-200,000+ BO per vertical well
DHC $150,000, Completed well cost $600,000
– Depths of 6100-6200 feet
• Acreage is surrounded by Southwestern Energy’s new DJ Basin play.  Drilling for this new play began in April 2012 (6 miles from our position) and additional permits have been filed.  According to Southwestern’s company presentation, they are “targeting unconventional oil in late Pennsylvanian-age carbonates and shales with thicknesses of 300-750 feet at depths of 8,000-10,500 feet.”
• 100% Working Interest
• 80 – 82.5% Net Revenue Interest delivered
– Clean title for drilling
– Leases cover all depths
For more information:
Christopher Crouch
General inquiries
ccrouch@whiteeagleexploration.com
(720) 480-4620

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