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EEC is recompleting and beginning a new tank battery for a new
salt water disposal in Stark County, North Dakota near the city of Belfield.
We hope to have the well in service soon to the operators drilling in the
area. January 2011 Energy Equity Company is pleased to announce the sale of 10 salt
water disposals in North Dakota and Montana to Key Energy Services. EEC
wishes Key Energy Services great success in their future endeavors in North
Dakota and Montana. October 2010 EEC is recompleting and building a new salt water disposal in
Frio County, Texas, outside the town of Derby, Texas. This salt water
disposal will serve the Eagle Ford Shale Play in south Texas. August 2010 Energy Equity Company is building a new salt water disposal in
Dunn County, North Dakota. The well is located just west of Killdeer, North
Dakota. EEC looks forward to serving the Killdeer area for their salt water
disposal needs. September 2009 EEC has purchased several gas wells and an amine plant near
Big Piney, Wyoming. Energy Equity Company looks forward to producing these
wells. August 2009 Energy Equity Company is completing a new salt water disposal well
in Burke County, North Dakota. We are pleased to move forward to service the
water needs in the area. February 2009 EEC is pleased to announce activation of a new pipeline from
Continental Resource’s wells to EEC’s water treatment facility located in
Montana. We are pleased to be serving Continental Resources. December 2008 Energy Equity Company has submitted two applications to the
DEQ for Class 1 Injection wells for commercial use. One of these wells is
located near the Jonah Field, in Sublette County, Wyoming. The other well is
located in the Wamsutter area in Sweetwater County,
Wyoming. We look forward to servicing both areas for salt water disposal
needs. October 2008 EEC is pleased to announce that we have negotiated with Apache
Energy Limited a Farm-out Agreement on the offshore Australian block
WA-400-P. Energy Equity Company looks forward to doing business with Apache
Energy Limited. Energy Equity Company opened a new water treatment facility
near Plaza, North Dakota in Mountrail County this month. We look forward to
serving operators in the Booming Bakken Play. August 2008 In West Texas, EEC has taken over operation of the N. Pecos
Brine and Fresh Water Station. The station is located north of Pecos, Texas.
We look forward to serving the area with their water supply needs. July 2008 Energy Equity Company has just recompleted a well located in
Mountrail County, North Dakota to a water treatment facility. EEC has taken
operatorship and plans on having the facility in operation soon. We look
forward to serving the Bakken oilfield operators. April 2008 EEC negotiated and signed a farm-in agreement with Finder
Exploration on the offshore Australian block WA-401-P. Energy Equity Company
looks forward to working with Finder Exploration in the future. January 2008 EEC’s water treatment facility near Stanley, North Dakota is
in now in operation and servicing the Bakken Oil
field in Mountrail County, North Dakota. EEC has finalized a pipeline contract with Chevron for
disposing of their production water into EEC’s operated water treatment
facility located in Upton County, Texas. We are pleased to be working with
Chevron. EEC assumed operatorship of a wellbore in Sweetwater County,
Wyoming. We are beginning recompletion plans for a commercial water treatment
facility to serve the area. December 2007 EEC has negotiated with Chesapeake Energy in the Reeves
County, Texas area to construct a pipeline and two water stations for Chesapeake
operated wells near the water treatment facility located in Reeves County,
Texas west of Pecos. The work has begun and we look forward to accommodating
Chesapeake and other operators in the area. November 2007 EEC has applied for and was granted a permit to recomplete a
plugged and abandoned wellbore located in Mountrail County, North Dakota near
the city of Stanley. EEC plans to recomplete the wellbore to a water
treatment facility. We look forward to accommodating the Stanley, North
Dakota area in the near future. EEC was assigned operatorship of a water treatment facility in
Reeves County, Texas just west of the city of Pecos. We have performed a workover to get facility upgraded to a commercial water
treatment facility. September 2007 EEC purchased a brine station located in Ward County, Texas
near the city of Barstow. Included with this purchase EEC acquired a second
brine station and fresh water well in Pecos County, Texas near the city of Coyanosa. We look forward to serving the West Texas oil and
gas fields. EEC assumed operatorship of a water treatment facility and oil
well located in Gaines County, Texas. Included with this purchase is another
water treatment facility located in Yoakum County, Texas. All three
facilities are located west of Denver City, Texas. July 2007 EEC has just been notified by the Australian Government, as
the winning bidder for four blocks located in the prolific Carnarvon Basin
Offshore Western Australia, called W06-10 & W06-13. The Carnarvon Basin
is Australia’s most prolific oil and gas producing basin, with a cumulative
production of over 1 million barrels of crude oil and condensate. It is a
major producing hydrocarbon province, with world class oil and gas fields
discovered to date. W06-10 is located near the Jansz-lo
gas field with estimated reserves of 22 trillion cubic feet of gas. In July
2006, Chevron drilled the Chandon-1 well. The well was located within
WA-268P. The well was located in between the Jansz-lo
gas field and the border of W06-10. The Chandon-1 exploration well was
drilled to a total depth of 11,801 feet. The primary objective reservoir
interval at the top of Mungaroo Formation was found
to be gas bearing. The well intersected a 646 foot gross gas column within
high quality reservoir sands. Estimated reserves are 4 TCF of gas. W06-13 is located near the East Spar gas field. East Spar was
discovered in 1993. First production averaged 30 million cubic feet of gas
per day and 2,000 barrels of condensate per day from just two subsea wells.
The East Spar-6 well averaged rates of 33 million cubic feet of gas per day
and 1,733 barrels of condensate per day. We are excited to be expanding our leasehold interest in this
booming area. We would like to thank the Western Australia Government for the
opportunity to do business with them, and look forward to exploring for oil
& gas in the most prolific oil and gas producing basin in Australia. November 2006 EEC has just placed bids with the Australian Government for
four blocks located in the prolific Carnarvon Basin and Bonaparte Basin
Offshore Western Australia. The Carnarvon Basin is Australia’s most prolific
oil and gas producing basin, with a cumulative production of over 1 billion
barrels of crude oil and condensate. It is a major producing hydrocarbon
province, with world class oil and gas fields discovered to date. The
Bonaparte also has large hydrocarbon filled structures. In the Carnarvon Basin, the Barrow Island oilfield has
produced 300,000,000 barrels of oil since it commenced operations in 1967 and
is expected to recover a further 100,000,000 barrels through secondary
recovery techniques. The $12 billion North West Shelf Gas Project currently
extracts gas and condensate from the large offshore North Rankin (6.3 TCF), Goodwyn (4.8TCF) and Perseus
(9.2 TCF) fields. We are excited for the possible opportunity to be awarded
these areas. We thank the Western Australia Government for the opportunity to
do business with them, and look forward to their final decision. July 2006 |
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