The Jedessa No.1 exploratory appraisal well is looking for 15 million barrels recoverable in a 2000 acre lease approximately 20 miles north of Bakersfield and on trend with the 2 billion barrel Kern River Field and the 90 million barrel Poso Creek Field. Offset wells have cored oil sand and there are favorable geophysics and [...]
Pan Oil Prospect A further trend play north of West Jasmin, Pan Oil is generated from archival data of previous wells in the area including cored oil sand. It has a stunning seismic line indicating a channel 1.5 miles across with potential 300+ feet of sediment to give the 4,500 foot target a potential 15 [...]
A further north trend play in the 10,000+ acres range looking for 75 million barrels with a possible 150 million barrels of high quality, light oil if the formation is a water drive. Favorable geochemical survey and geophysical data support the geology of this shallow, stratigraphic project. There could be more than 1,000+ locations on [...]
The Salinas Valley west of the San Joaquin Valley is home to the billion barrels in place San Ardo heavy oil field operated by Aera Energy (Exxon Mobil/Shell) and Chevron along with a few smaller fields. Roya has idenified a stratigraphic closure of approximately 1,800 acres that could hold 400-MMBO in-place and could yield 200 [...]
