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On July 24 at approximately 10:30 PM oil was produced by the first and only existing shallow horizontal well in this particular state. The well is producing approximately 125 - 200 BOPD and arrangements are being made to install a larger pumping mechanism which will hopefully raise production numbers to 300 - 500 BOPD.
I am seeking a JV Partner with the financial resources to quickly inject $500K - $100,000,000 into this project. Every penny invested will be utilized for drilling…Continue