The Texas Birch Eagle Ford Project
- Austin Exploration holds 93.5% WI
- Plan to drill and produce in 2011
- Drilling Plan - Minimum of 30 horizontal wells
- EUR > 0.8 million bbls/well from Eagle Ford
- Additional Recovery from Austin Chalk and Buda/Georgetown Limestone
ABOUT THE ASSET
This project is located is Southwest side of Burleson County. Austin Exploration acquired approximately 5,000 acres. Flow rates from historic vertical wells indicate potential for
significantly increased rates with the employment of modern multi-stage fracture stimulation in horizontal section. The area contains higher carbonate shale. High percentage of carbonate makes it more brittle and “fracable.”