摘要:
The article reports on the lease of a 1,043 net acre (m/1) Frio Sand potential gas target for drilling in South Texas by the joint venture partner of Signature Exploration and Production Corp. A three-dimensional (3D) seismic database was used to identify the Frio sand gas target. According to Steven Weldon, chairman and chief executive officer (CEO) of Signature Exploration and Production, the value of the oil and gas reserves on the lease is about 225,000,000 U.S. dollars.
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