Homerun Project

Location:Iberville Parish, Louisiana, USA
Amadeus WI:30.9%
Operator:Red Willow
Objective:Cibb Hazz, Marg Tex and Nodosaria
Target Depth:~13,000 feet
Type:Oil and gas exploration

Overview:

The Homerun Project (acquired in October 2007) is located in Central Iberville Parish, Louisiana.

The prospect is a fault block closure which has been identified on 3D seismic data and is in close proximity to analogous offset production. The Homerun prospect is targeting Cib Hazz, Marg Tex and Nodosaria Sands on an 1,150 acre structure which has the potential to contain reserves in the range of 5 million bbls of oil and 12 BCF of gas, at depths ranging from 11,000-13,000 feet.  

Drilling on this prospect is expected to commence in the first quarter of 2009.