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A1 : alt5000MAGNUM PRODUCING & OPERATING COMPANY
BAER A G : 1GULF DRLG.
BROUSSARD : 1ICARUS OPERATING CORP.
CROUCH : 1INEXCO OIL CO.
FARR TRUST : 1PHYLKO ENERGY
FARR, G. : 1VICTORY III PETROLEUM
FARR, G. : 1PHYLKO ENERGY
FARR, G. : 2PHYLKO ENERGY CORP.
FREEMAN, H. : 1H.A. POTTER
FREEMAN, H. : 2H.A. POTTER
FREEMAN, H. : 3H.A. POTTER
FREEMAN, H. : 4H.A. POTTER
FREEMAN, H. : 5H.A. POTTER
FREEMAN, N. : 1H.A. POTTER
FREEMAN, R. : 1H.A. POTTER
HARKINS HEIRS UNIT : 1NORTH AMERICAN ROYALTYHAWKINS : 1
KEBO OIL & GAS, INC.
HAWKINS : 3MOBIL
HAWKINS RANCH : 1BRIGHAM O&G, L.P.
HAWKINS RANCH : 1REPUBLIC RESOURCES, LLC. OF TX
HAWKINS UNIT : 1CRAWFORD ENERGY OPERATING CO.
HAWKINS, H. : 1PROGRESS PETROLEUM
J. DARK UNIT : 1CRAWFORD ENERGY OPERATING CO
LEWIS : 1FRENCH PROD.
6OD.
LEWIS : 7MCCORD PROD.
LEWIS : 8MCCORD PROD.
LEWIS TRUSTEES : 1MAY PETROLEUM
M & T RUSE UNIT : 1CRAWFORD ENERGY OPERATING CO.
MATAGORDA HOSPITAL DISTRICT : 1KRESCENT ENERGY COMPANY LLC
PARKER, D.S. : 1PENNZOIL EXPL. & PROD.
REIMAN, E. : 1DAVIS OIL CO.
SANBORN, R. : 1TRAVIS OIL
SKYLAR : 1FORTUNE OPERATING COMPANY
SKYLAR : 1FORTUNE OPER CO
THORME : 1SHELL OIL
VAN DE MARK, G. : 1PROGRESS PETROLEUM
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3051500 3056500 3061500 3066500 3071500
377200
382200
387200
Magnum Producing, LP
5000 Foot Gas Sand PSTM Far Angle Stack Map
Project Location: Taffy Project
Horizon: Miocene_5000ft_Gas_Sand_Far_Angle (Magnum) (Red), Data Type: PSTM_farAng (Active Contour: Miocene_5000ft_Gas_Sand_PSTM (Magnum) (Black), Data Type: Time), Version: 7.5
0 6000 ft2000 4000
Scale = 1:24000
3051500 3056500 3061500 3066500 3071500X/Y:Feet
377200
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387200
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119780 0
280973 223
105343
384120 0
834673 327
588344 340216020 72
1005320 478
5000psPay
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f320
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Pos_Pay1700ms
F120
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1.700
1.800
1.200
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Magnum Producing, LP
Cross Section Line High_Res_PSTM_Raw_Stack
Project Location: Taffy ProjectArbitrary Line A, High_Res_PSTM_Raw_Stack
136.01.0
129.021.0
126.041.0
124.061.0
136.081.0
154.0101.0
173.0120.0
193.0126.0
213.0131.0214.0131.0
Line:Trace:
A1 alt5000 FARR TRUST 1FREEMAN, N. 1 FREEMAN, R. 1HAWKINS RANCH 1 HAWKINS UNIT 1LEWIS 14063 ft 6241 ft 8816 ft 4022 ft
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14.64113.90913.17712.44511.71310.98110.2499.5178.7858.0537.3206.5885.8565.1244.3923.6602.9282.1961.4640.732-3.58e-007-0.732-1.464-2.196-2.928-3.660-4.392-5.124-5.856-6.588-7.320-8.053-8.785-9.517-10.249-10.981-11.713-12.445-13.177-13.909-14.641
6000 foot Gas
Sands Est. Pot.:
~1.3 BCFE
6000’ Gas Sands 5882-90’ + 6178-82’
perfs Produced :
1+ BCF 478 BO
6000’ Gas Sands 5818-32 perfs
Produced :
.2+ BCF 72 BO
5000 foot Gas
Sands Est. Pot.:
~.7 BCFE
Test Well Est. Pot.: ~2
BCFE
French – Lewis Trust 1
Total production: 2.6+ BCF 1217 BO
5000 foot Gas Sands 4812-16’ perfs
Produced :
.8+ BCF 327 BO
Magnum Producing, LP – Shallow Taffy Prospect
*Multiple Pay Sands *~2 BCFE Potential *Un-Produced Log Pay Shows ~1200’ Away *700+ Acre 3 Way Up-Thrown Closure High to Similarly Trapped Oil & Gas Fields
Productive Sands Cross Section
Potter Freeman 1 Phylko Farr Trust 1
Boggy Bottom Field Sargent Field
6000’ Gas Sands 5767-73 perfs
Produced :
~.6 BCF 340 BO
6000 foot Gas Sands 6061-6065’ perfs
Produced :
~.3 BCF 223 BO
5000 foot Gas Sands 5012-16’ perfs
Produced :
.1+ BCF 327 BO
Zone made 17+ MBO in Sargent Field
6000 foot Gas Sands Untested Log Pay Shows
~1000 feet~8800 feet ~4000 feet~1200 feet ~6270 feet~4000 feet
Brigham Oil & Gas Hawkins Ranch 1
5000 foot Gas Sands 4987-90’ perfs
Active Production :
~.5 BCF so far
Crawford Hawkins 1H. A. Potter
Freeman Rita 1
5000 foot Gas Sands
5001-08’ perfs Produced :
.1+ BCF
5000 foot Gas Sands
5058-62’ perfs Produced :
.5+ BCF ~3 MBO
3 Way Up-Thrown Closures
High Res PSTM Stack View 5000 foot Gas Sand AVO Far Angle PSTM Stack View
Boggy Bottom Field
Sargent FieldTest Well Est. Pot.:
~2 BCFEBoggy Bottom Field
Sargent Field
Test Well Est. Pot.: ~2 BCFE
TAFFY PROSPECT MATAGORDA COUNTY, TEXAS
Magnum Producing, LP
The Taffy Prospect targets multiple shallow Miocene sands, with great nearby production, in an un-produced, 700 plus acre, 3 way up-thrown closure. The 3D delineated 75 foot trapping fault is found in 2 wells. One of those wells, about 1200 feet from the proposed well, has about 7 feet of gas log show in the lower most targeted sands. Just up-thrown on the same fault, 2 more anomalous amplitudes can be tested. The PSTM, AVO, and Energy Absorption anomalies can be correlated to the productive sands in a 2.6+ BCF – 1217 BO well less than 1 mile away. The prospect is located approximately 3 miles west of Sargent, in Abstract 71 of Matagorda County, Texas. Magnum’s acreage position is in an area with prolific production from the entire Miocene and Frio sections. Magnum is proposing a 6500’ test well with estimated total potential reserves of around 2 BCFE.
In many of the areas wells, the bulk of the production comes from sands of less than 10 feet thick and does not display anomalous 3D attributes. The analogy well with 2.6+ BCF and 1217 BO total production comes from sands less than 10 feet thick. This would be under seismic tuning for the target depths and frequency of the 3D data. This leads me to believe that the estimated potential of this 700 plus acre, 3 way up-thrown closure could be much more. Reserve estimates are based on 24 feet of gas sands, 100 acre anomalies and ~850 Mcfg per acre foot.
Trade Proposal (This offer is subject to prior sale):
Acreage: 150 acres leased – 72% NRI delivered.
Leasehold - G&G Cost: $100,000 to 8/8ths prospect fee
Well Cost: Estimated, 6500 foot TD, dry hole cost with location: $275,000 Estimated Completion costs $150,000
Terms of Sale: 25% Carry on all costs prior to casing point including prospect fee
Please contact the following individuals for more information on this prospect:
Robert Kust 713-462-2388, ext. 115 Warren Shetrone 713-462-2388, ext 102 Avinash Ahuja, President 361-882-3858, ext. 105
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