Phase 1A Of Our 2020 586+ Wellbore Enhanced Oil Recovery (EOR) Project
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Crude Oil, Natural Gas, Lithium, Solar, Gold, Carbon Capture and Carbon Sequestration
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Estimated Production After Initial Workovers Of Up TO 1,212 Barrels Of
Oil Per Day and 400+ MCFD of Gas. Additional potential of more than 1414 BOPD
and 500+ MCFD with field-wide development options not limited to advanced automated
well management systems, controlling the “The Three P’s” (Pressure, Permeability & Paraffin) and the analytical approach to maximizing production (via subsurface optimization).
To drill a stripper well would cost approx. $300k per well. Our development project has only wells already drilled and our plan of “Enhance Oil Recovery” covers those wells under our operations. Our goal to make the
aforementioned wells commercially viable and profitable.
Investco Oil and Gas, Inc. is seeking Funding Costs of $15,000,000 (Phase 1A DF-Z008) acquisition and
development) which includes the acquisition of 85% Working Interest ($176,471 per 1% WI) of the leasehold and initial workover costs associated with the Field Redevelopment Plan. Investco Oil and Gas, Inc. has formulated a plan to place 202 wells back into production, utilizing a combination of submersible pumps, progressive cavity pumps and gas lift injection wells to maximize production.