Managing Director

Value of the newly inserted mineral extraction rights multiplied first funding revenues already soon Stuttgart, 01.06.2011. Independent experts confirm the initial assessment of the specialists of the energy capital invest only a few days after successful vertical hole: the Stuttgart-based energy company has with the oil aid Leon County once again a direct hit landed. Already the first evaluation by our specialists on the ground let suspect that has found support layer of Leon 1 extraordinary potential”, so Kay Rieck, Managing Director of energy capital invest. Now conducted evaluation of the log-in data shows that found oil funding, the layer is much bigger and more productive than originally expected and that the funding results as well as the raw material reservoirs of Leon 1 clearly on calculating the US oil and gas Fund X KG. Funding results were originally daily calculation for Leon 1 of 200 barrels of oil costing-based oil prices of $ 60 per barrel basis. That the first assessment of our specialists has been confirmed also by independent experts, of course very pleased.

Especially, because more holes in the same geological formation as the Leon 1 Leon County are planned and already charged”, so Rieck next. The rapid evaluation of the log-in data was possible because for the hole by Leon 1 a completely new procedure was applied, where already during drilling additional information is collected. Now carried out evaluating the log-in, the safety potential of US oil and gas Fund X KG has risen since the exploration results expected as well as the raw material reservoirs have already multiplied the value of mineral extraction rights. The sales and prices of recent weeks show that Leon County is one of the Erdolhotspots in Texas, while also impressively. To secure the access to this highly attractive region, have the largest player in the US energy market to invest in the promising aid. Due to also continue to huge demand and associated placement speed the management of energy capital invest assumes that a participation in the US only a short time should be possible oil and gas Fund X KG.

About

View all posts by