AXT 0.00% 1.4¢ argo exploration limited

Substantially Undervalued, O&G Situation in play, page-20

  1. 4,725 Posts.
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    Just posting some data links for easy of use in the future instead of searching for them all the time

    Tyler County - They have No 3D seismic - only 2D for the prospect

    Is the longwinded link to the old LP2 well in Tyler, its 3.5Miles NE of Hillister

    http://webapps2.rrc.state.tx.us/EWA...E1z4kC4yLKryzgdOTD8DLEP-_yCwNkFeQdZKFtiHgQAAA

    API number 457-30574 lease No 205761 (Production Dec 2004 - May 2015 = 99,756 BO & 3,617.272 MCFG or 702,635 boe's)

    New Smith Well Location is 4.4 miles or 7km away from LP2

    Blue Ox 'A' AC Horizontal Austin Chalk well 2.0 miles north (14,458ft deep) 151,325 MCF & 1,378 BO (drilled 2006 P&A 2012)

    https://rrcsearch3.neubus.com/esd3-...item":[{"key":"api_ft","value":"45730647"}]}#

    Henry Fee well 2.4 miles north north west (16,000ft vertical) no production other than 17,000 barrels of water with some gas - shut in (drilled 2006 ) perforated over 5 intervals from 14,556ft to 15,897ft ( need to find source of water influx Page 3)

    https://rrcsearch3.neubus.com/esd3-...:"221654"},{"key":"district","value":"03"}]}#

    Cypress horizontal well drilled 1997 total vertical depth 15,120ft, top of pay 14,745ft 2.1 miles west peak production @ 9 Million a day Dec 1997 by Apr 98 down to 2 million a day(produced 2.044 BCF 18,493 BO, stopped producing 2013)

    https://rrcsearch3.neubus.com/esd3-...:"166606"},{"key":"district","value":"06"}]}#

    Davis Blackstone horizontal well drilled 1998 total vertical depth 15,146ft top of pay 14,960ft 3.3 miles west, peak production 5.5 million a day Apr 98, next month 2 million a day & only produced for 5 months in total ! (348,051 MCF & 698 BO)

    https://rrcsearch3.neubus.com/esd3-...:"168677"},{"key":"district","value":"06"}]}#

    Gas well 2.4 miles to the south on MC Comb survey only drilled to 8080ft (old well no records)
    Permitted horizontal 2008 (Vison Resources objected to permit) 1.3 miles west

    http://webapps.rrc.state.tx.us/DP/d...TY+BLACK+STONE+A-163+UNIT&univDocNo=485156755

    Also another going south from same pad, but no access to permit info

    7 other wells within 2 miles in a 210 degree arc from the north, all dry holes, nearest is only 1 mile away) no indication as to the depth of these wells, but they are unlikely to have gone as deep as the woodbine.

    Enter 45730647 as the API number on right hand side
    http://wwwgisp.rrc.state.tx.us/GISViewer2/
    and zoom out 3 clicks and you'll see everything around the WM Smith survey

    LOTM
 
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