|
Florence, Colorado
 Comet Ridge Resources, via Pine Ridge now has a 97.25% Working Interest in over 10,000 acres in the Florence oil field in southeastern Colorado. The field has produced in excess of 15 million barrels of oil in its 126 year life almost exclusively from the Cretaceous marine shales of the Pierre Formation. Production has historically been achieved from around 1,800 feet (550m) down to around 3,500 feet (1066m).
Comet Ridge Limited acquired approximately eight sq miles ( 21 sq km) of 3D seismic in the summer of 2007 and has generated a number of drillable locations from that data. Drilling on the project commenced in early July 2008. The first three wells drilled will be completed for production testing. Further drilling is planned once results of the production testing have been assessed.
> Florence Project - Frequently Asked Questions
> Presentation to Williamsburg, Coal Creek & Rockvale Communities
|
|
