Crocotta Energy Inc. - JOFFRE SALE
- Potential to convert shut-in wells to H2O injection or CO2 injection for additional recovery.
- The 2-29-15-19W4 is a successful Glauconitic lithic channel well.
- Additional drilling prospect exists in undeveloped Glauconitic lithic channel.
- Waterflood can lead to the possible infill drilling of Glauconitic oil.
- Required infrastructure all in place.
- Nexxtep owns 16% of the 16-20-15-19W4 battery.