Opportunity of
particular interest to Innocent is The Powder River Basin of Wyoming, where the
objective oil-bearing formations are less than 2,500 feet below the surface.
There are, however, other prospective areas in Wyoming and South Dakota the
company focuses on as well. In general, prospects will be direct offsets to
former production or to wells with very good oil and gas shows. The expected
lower API gravities of the oil will require secondary recovery via water, gas,
or other floods including steam or fire flooding. Additionally, new methods of
radial horizontal drilling in the reservoirs will be utilized.
General Manager of
the Exploration Project is Evergreen, which has over 150 years of experience in
the oil and gas industry. The general manager will be responsible for selecting
areas to lease, drilling exploratory wells, producing oil and gas found, and
drilling development wells. Evergreen conducts regional and local geological
studies to define prospects that are deserving of acquiring oil and gas leases.
Early title
examinations to the minerals in these selected areas and the acquisition of
aforementioned leases will be carried out for and on behalf of Innocent and
Evergreen by Pacer Energy LLC of Gillette, Wyoming – a well-known and capable Lease
Acquisition and Title Opinion company employing several experienced land men.
Also accompanying Innocent are consultants C.K. Adams, a registered
professional engineer specializing in petroleum engineering, and L & J
Operating, LLC – engaged to do the accounting, including filing of all
government required forms, distribution of production revenue and related
activities.
Innocent is a
development stage oil and gas exploration and development company directing its
resources on properties in North America. The company aims to reduce risk
through development of proved petroleum reserves, and to maximize profits
through strategic acquisitions and liquidation of select oil and gas
properties. To that end, it is focusing on 100% acquisitions and joint ventures
for maximized productivity.
For more information
on Innocent, visit: www.innocentinc.com
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