Lease information
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The oil leases are located in the Caddo Pine Island Field. These maps show the state of Louisiana and where the Caddo Pine Island field is located. Your oil allocation will be produced from one of these leases.
The Caddo Pine Island Field has been producing oil since
1905 and although over 400 million barrels of oil have been
recovered from the field, the State Government of Louisiana
states that this represents less than 6% of the estimated
oil reserves in the Annona Chalk zone alone. You can be
rest assured therefore, that there will be enough oil for
the next 50 years.
These wells are not big producers and so are of no interest to the big oil conglomerates, but will continue to pump oil for many years to come
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No one allocation is better than another, as each is for one (1) barrel per month. There are only a limited number of oil allocations available, so to be part of this unique opportunity you need to act promptly.
Visit our Photo Gallery which shows an Orphaned Well being restored
Read the Oil Lease allocation, Management and Delivery Agreement
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