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Elixir Petroleum confirms drillable conventional oil prospects on Petra project


Published Apr 14, 2015
Elixir Petroleum Limited-2

Elixir Petroleum Limited has confirmed the presence of at least two drillable prospects the Petra Project in Washington County, Colorado, following completion and interpretation of its proprietary Bradman 2D seismic survey.

The Bradman 2D seismic has confirmed the presence of at least two drillable prospects including a significant sized prospect with stacked pay potential. The Bradman and upcoming Simpson 2D seismic surveys are concentrated over approximately 30% of Elixir's Petra Project leases.

The primary objectives are within the carboniferous aged Pennsylvanian and Mississippian formations productive at Arikaree Creek, Snow King and the Great Plains oilfields with a secondary objective within the shallower cretaceous aged Codell formation which is productive across the greater Denver Julesburg (DJ) Basin.

Tags: Elixir Petroleum Limited




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