DUMA:OTCBB     |     Last: 2.5     |     Volume: 2780     |     Change: +0.05     |     2012-05-18
OIL PRICE: $91.48 / Barrel

Welder Ranch

The Welder Ranch property is operated by Carter E&P which is a private Texas operating company owned by our Vice President Steven Carter. The property has been a productive asset of the company since 2006. In late 2011, production and cash flow were increased through a recompletion operation to the Patrick Welder #5 well.

Depth Range: 5,000-8,000 feet

Working Interest: 100%

NRI: 75%

Operator: Carter E&P, LLC (company owned and operated by the VP, Steven Carter)

 

Texas Welder Field