Lea
ASSET HIGHLIGHTS
Shallow (5,000 feet) oil and gas production from the upper Permian San Andres formation.
2,500 acre HBP in Lea county, New Mexico.
Fracture, acidize & perfs stimulation potentials.
Most of acreage originally drilled on 40 and 160 acre spacing.
3rd party study vertical or horizontal potential: 51 vertical PUDs, 18 horizontal laterals
Infrastructure already in place.