EOG Resources recently had some significant success in Atascosa county. The Kaiser Jr. Unit #1H well flowed with an IP rate of 2,815 barrels of oil, 160 barrels of NGLs and 0.9 MMcf/d of natural gas per day.
Now if you look at the location of that well and compare it to the map NSE provided on page 11 of today's presentation, the lease on the right is in the vicinity of a very large producing Eagle Ford Shale play!
From the brief research I've done so far, I believe this is the largest producing oil field in the western region of Eagle Ford.
NSE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held