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AMINEX USA, INC. | Open Listings | Home

AMINEX USA, INC.

MARKETING PROCESS DELAYED TO LATER IN 2012
SIGNIFICANT FIELD WORK IS IN PROGRESS

NON-OPERATED PRODUCING WELLS
WITH DRILLING AND RECOMPLETION UPSIDE
GALVESTON AND HILDALGO COUNTIES, TEXAS

  • Galveston County (Alta Loma East Andrau Field)
    • Two gas wells completed in Frio operated by Activa Resources, one well currently shut-in
    • Aminex average GWI 35.45% and 26.55% NRI
    • Wells drilled in 2002 and 2008, TD 14,918’ and 15,300’
    • Both wells located in Lemuel Crawford Survey A-47
    • 3D seismic data and interpretations available
    • Two drilling locations and one recompletion opportunity identified

  • Hidalgo County (South Weslaco Field)
    • Five gas wells, and one disposal well operated by Kaler Energy Corp
    • All wells within the unit boundary of the South Weslaco Gas Unit (6,329 acre unit)
    • Aminex average GWI 22.5% and 12.64% NRI
    • Wells drilled between 2005 and 2010, TD between 8,750’ and 11,000’
    • 3D seismic data available
    • Four drilling location for multiple pays identified (U Frio, Willis, Skaggs, Fausek)

  • Cash Flow and Production (Averages Feb 2011 - Jan 2012 for all wells)
    • Gross production 6,259 MCFD, 181 BOPD & 244 BWPD
    • Net production 1,478 MCFD & 50 BOPD
    • Net cash flow $287,338 per month

NOTE: A Confidentiality Agreement (“CA”) must be executed prior to receiving the data package.

FOR QUESTIONS PLEASE CONTACT

Jacque Semple, Project Coordinator (918) 481-5900 ext. 221
Jesse Murdock, VP Business Dev. (918) 481-5900 ext. 230
Bob McNulty, P.E. (918) 481-5900 ext. 229

BID DATE
JULY 24, 2012

EFFECTIVE DATE
JUNE 01, 2012

CLOSING DATE
AUGUST 27, 2012

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