Kingdom Resources announces its newest Promoted Working Interest Project, the “Davis Prospect”. Davis Prospect is a package of three 2000 ft prospects located in Shackleford County, Texas situated on the 160 acre Davis lease. The Prospect will prospect for numerous formations including the king sand, waldrip limestone, flippen sand, bluff creek sand, and the saddle creek limestone. Prospect is located on blanket formations that have produced in neighboring wells and all of these formations have been produced in existing wells located on the 160 acre Davis lease.
This prospect is a well defined play with excellent well control and possible reserves of 200,000 barrels of oil. This was generated by local geologists who have been very successful and have keen knowledge of the surrounding area. All zones are expected to be encountered on this site. Geologists used sand mapping, production of existing wells, examination of well logs, structural and isopach maps utilized n the 160 acre Davis lease.
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