Eratz Oil & Gas - Oil and Gas Exploration and Development - Dallas, TX

Current Ventures

Montgomery 1 & 2 Project

The Montgomery 1 & 2 project is located west of the town of Throckmorton in Throckmorton County. The geology is described further in the project's Private Placement Memorandum, but a summary concludes the possibly of much larger reserves than found in nearby producing wells. Here are some of the reasons why you should consider investing in this project:

  • Taps into reserves estimated at nearly 250,000 barrels of proven reserves per well producing upwards of 100 BOPD.
  • 3-D seismic testing confirms we can drill first into the reservoir apex and reach multiple pay zones. Two additional offset wells are included in the project.
  • Uses conventional shallow well drilling techniques.
  • Should lead to additional step-out project that taps into significant low risk proven undeveloped reserves for which Harris partners are given first rights to invest.

Drilling and completion of the first well are targeted for the end of September. Additional wells included in the project will be drilled by the end of the year after first well results are confirmed.

Download Geological Report

For unit pricing and more detailed revenue analysis of this project and others, please contact us directly to request a Montgomery 1 & 2 Venture Memorandum. Incidentally no one can accurately forecast oil prices. However, we are confident that long-term the price of oil will continue to rise and demand increase while availability diminishes. It is certain that oil prices will move in tandem with business cycles and market conditions over the life of this well.

If you want more detailed information about this project or any future project, please contact us and we will gladly answer your questions.

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