To date our operations have been concentrated in east-central Oklahoma, with a developmental focus on the Hunton Reservoir, a conventional resource reservoir. Our aim is to acquire and produce mature, long lived oil and gas properties. The Hunton is a proven and prolific hydrocarbon bearing reservoir that extends over 16 MM acres.
Conventional Resource Reservoirs—Hunton Formation
The Hunton Formation was deposited in a shelf carbonate environment and exhibits many of the characteristics associated with this type of environment. This includes, coral reefs, major dolomitization, and hundreds of major and minor disconformities caused by sea level changes and Karst topography. Of Silurian-Devonian geological age it consists primarily of the Chimney Hill and Henryhouse subgroup. It varies in thickness from 0 to over 200 feet and can be mapped accurately from the thousands of subsurface penetrations over the last 90 years. It exhibits porosity that varies both vertically and laterally. Vertical permeability is generally poor. However, horizontal permeability and porosity is significantly greater, with permeability in both directions greatly enhanced due to naturally occurring fracture systems.