Texas-based Start
Scientific is an oil exploration, drilling, extraction, and delivery company
specializing in sweet crude oil and focusing on oil and gas opportunities in
international markets. At this point in time, the company has a number of
significant assets, both tangible and intangible.
Together with its
property holdings in Mississippi and Romania, Start Scientific’s staff, its
affiliates, and joint venture partners are essential to the company’s ultimate
success. A highly qualified and focused management brings over six decades of
combined experience in the drilling, extraction, delivery, and management of
natural resource companies to the table. The company’s staff has the technical
and logistical skills to ensure it remains competitive and to provide product
and service excellence, and a group of affiliates and strategic partners
contribute their industry expertise. By fully leveraging this team of
stakeholders, Start Scientific intends to strive to meet the global demand for
energy and resources and to remain a vital part of the oil industry.
The company’s
tangible assets include holdings in Romania and Mississippi, USA.
Through leases and
concessions over approximately 120,000 acres in Romania, Start Scientific
oversees six oil and gas fields: Bordei Verde Vest, Nadlac Fields, Catrunesti
Field, Cozieni Field, and East Ciumeghiu Field. Of these six fields, the
company means to drill three new wells, one each in three of the fields. The
company will also partner with Amromco on two new wells that that company is
drilling in the Bordei Verde Vest, and Nadlac Fields. On top of these projects,
Start Scientific intends to begin working on restoring the current pipeline in
the Alexandria Block and to recomplete the existing well in the Catrunesti Field.
Start Scientific
discovered its first oil field in the United States (Tinsley Field) around the
Mississippi area. Six months after, the company discovered the Pickens Field,
35 miles north of Jackson, Mississippi, in the Madison and Yazoo Counties.
Start Scientific
holds a 25% working interest in the Pickens Field and has an option to purchase
an additional 25% subject to certain conditions. From this field, Start
Scientific estimates it could recover 200,000 barrels of oil per well and up to
5,000,000 total barrels of oil, depending on how far the field extends to the
west. At present, the Pickens Field has produced over 20 million barrels of oil
from the Eutaw Wilburn sand, approximately 2 million barrels of oil from the
Selma Chalk, and approximately 100,000 barrels of oil from the Tuscaloosa and
Lower Cretaceous.
For more
information, visit the company’s www.startscientificoil.com
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