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Future Projects

  

   

The Stephens County, TX, MC Knox lease (770 acre) owned by VENETO and operated by Estacado is a Barnett Shale Prospect. The lease currently has 2 wells open in the Caddo formation at approx 3800' that have been gas producers since the 1940's. Both wells have 5 1/2'" casing and are prime candidates for slim-holing down into the Barnett Shale which tops at 4300'. Well #9 has been permitted to deepen to 4500'

VENETO is seeking a buyer or JV partner for its S. Neill 6000 acre lease that spans Nolan and Fisher Counties. The S. Neill current has 50 well bores drilled to the Odom Lime (5850’) of which 10 produce approx 15 BOPD. This lease has infield drilling potential and recompletion opportunities that could increase production capacity to 150 BOPD.

VENETO is exploring an opportunity to drill a Strawn test in Throckmorton County. Negotiations are underway regarding 160 acres adjacent to an existing producing Strawn field.

Estacado is exploring plans to develop its Sabine Lease in Archer County, by drilling several Gunsight Sand (1500’) wells.

 VENETO is developing drilling 3 prospects in Stephens and Haskell Counties.  We’re also negotiating for additional acreage in Throckmorton County for Strawn and Tannehill test wells.

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Veneto Energy Group
2600 Ave K
Suite 203
Plano TX 75074

Tel.: 972-633-8886
Fax: 972-633-9993

Email:
dse@venetoenergy.com
 
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