WINONA OIL COMPANY
In Business Since 1979

ACREAGE ACQUISITION
PROSPECT EVALUATION

3320 SOUTH CLAYTON BLVD.
ENGLEWOOD, COLORADO 80113

(303) 861-2115
FAX: (303) 861-2282
www.winonaoil.com

JAMES O. "TERRY" BREENE
GEOLOGIST-PRESIDENT

WINONA OIL COMPANY – PROSPECTS

 

CASPER ARCH, WY. – Frontier, Muddy, Dakota, development w/Niobrara Potential, 6000’, 2 by-passed wells, tilted oil column, 1000’ closure, 400,000 Cum BO to date (3 wells), est 1.5 – 2 MMBO – sell or farmout

 

LOW RISK – MULTI-PAY GAS PROSPECT – Sweetwater Co., WY- 640 ac. w/ 10,970’ abn.gas well comp for 55 Mcfg in 1987 – 15’ of 2nd Kf gas pay from  Log analysis – prod 100 Mcfg before frac – result, formation was damaged by treatment – recoverable gas 6,879,724 Mcfg per 640 acres – did not pull Casing – 50’ of Kmv sand that calculates 18% porosity & 44% SW, not tested – Recoverable gas 13,283,597 Mcfg per 640 ac – gas production surrounds Lease – numerous gas shows in Lance-Ft. Union  in offset wells – did not test Kd  which produces in offset wells – eng report

 

LOW RISK, MULTI-PAY, DEVELOPMENT GAS PROSPECT -  SE edge of Uintah Basin – proposed location between two Dakota gas wells – 5,500’ Salt Wash test – 11 sands with gas potential – l,700 ac block – close proximity to Westwater Field (37 Bcfg) – gas in place for Dakota on 640 ac spacing 9 Bcf – Geol. & Eng report

 

LARGE MULTI-PAY GAS DEVELOPMENT PROSPECT  -  central Utah – 6 potential pay zones above 3,300’ – discovery well blew gas for several weeks, USGS estimated 21 Mcfg – located on large anticline with 700’ to 800’ of closure – 12,000 acres within closure – 14 wells drilled on structure, 3 shut-in gas wells, 1 temp abn, 2 abn for lack of market, 3 by-passed producers – oil shows in down-dip wells – poss oil ring – 2,704 ac block with 3 offset locations

 

NEVADA PROSPECT – Long Valley, 9,300’ Guilmette test, multi-pay thick oil column capability, 2 seismic closures with gravity high, near oil shows-seeps, 7,500 ac – 50 MMBO potential – seeking W.I. partners

 

LARGE CO2 PROSPECT – Central Utah, Wayne Co. – 22 mi SE of major discovery (Covenant Field) on Sevier Thrust Belt – located on large seismic structure with abn CO2 well – recovered CO2 gas out of 5 zones – 2 zones have reserves approaching ½ Tcfg – 4 section lease block on crest of structure – would require 7,000’ test – poss oil ring around gas cap – oil staining in samples – potential for enhanced CO2 injection

 

SHALLOW MULTI-PAY – SE Powder River Basin,WY – 2,800’ Lakota Sd test – Dakota & Lakota sand objectives – updip from thick sand well w/show – seismic shows 480 ac closure – 6 MMBO reserves in Dakota & Lakota – deeper pay in Leo Sd & 4,600’-----------SOLD

 

13,000 ACRES – in south central to SW Utah Hingeline play – Federal & State leases with good term left – tightly leased by several large independents – seismic surveys have reportedly delineated 21 geologic features

 

LOW RISK MULTI-PAY - LARGE RESRVE GAS PROSPECT -- 12 MI SE of Jonah Field, WY - 1980 abn well rec gas in 5 zones - 10,700' 5 1/2"  casing in hole - 12 bcf potential per 640 ac. - 1 mi offset to shut-in gas well - low relief seis rollover - part sale, part farmout