The rewards are great, and the task is daunting. I recommend an
exploration team be set up in St. John's to rapidly reinterpret and
assimulate all available data into a comprehensive database. The prospects
generated would be more than any single company could exploit. Through
grabbing up the best available blocks and getting others to farm in,
the exploration effort could be wholely financed by partners, while risk
is dispersed.
ATLANTIC PROGRAM
How does a flower fault structure along a paleo beach/river delta
to a confined basin sound? Exactly like Hibernia, Terra Nova, and White
Rose fields. I have mapped such undrilled structures on open acreage.
Their interfingering with downdip and mature anoxic shales make these
prospects too lucrative...
WESTERN PROGRAM
A local company asked me to solicit partners to farm into their
concessions. Thick onshore Paleozoic source rocks have measured up to
10% and 12% TOC. Their Deer Lake Basin is close in size to the L. A.
Basin with flower fault structure, yet has a burial history similar
to the Michigan Basin. Their West Coast concession buffers Hunt's
discovery. I believe still better prospects are freely available.
If you are serious about exploiting the best oil prospects here,
I have a copy of Hunt Oil's well report of five manuals, including
eight logs. Or you may want to review a catalog of over a million
miles of 2D and 3D seismic, gravity, and magnetic surveys plus
operation and interpretation reports, logs from 147 wells, and
geological reports.
Western Data
