Southern Star is located in the core of the main Wolfberry producing trend within Northwest Howard County. Antares Energy’s current net acres are 3,120 acres with over 30 active wells producing 1,000 BOEPD+. A single rig is dedicated to fully develop the remaining well locations (20 acre spacing). Primary reservoir objectives are Spraberry, Dean, Wolfcamp, Cline, Strawn, Mississippian, and Woodford formations at maximum depths of approximately 10,300ft. Current net reserves are 12.6 MMBOE (1P) with 27 MMBOE net in each 2P and 3P categories.
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Big Star is located in the expanding northern fairway of the main Wolfberry producing trend within Southern Dawson County. Antares Energy’s current net acres are 14,360 acres with 4 active wells. Potentially 359 locations on 40 acre spacing remain to be drilled in the current footprint. Primary reservoir objectives are Spraberry, Dean, Wolfcamp, Cline, Strawn, Mississippian, and Woodford formations at maximum depths of approximately 11,200ft. No reserves are currently associated with Big Star however EUR’s per well are expected to be 125-175 MBOE with 3P Net Reserves Potential of 34-47 MMBOE.
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Northern Star is located in the expanding northern fairway of the main Wolfberry producing trend within Southern Dawson County. Antares Energy’s current net acres are 12,400 acres with 2 active wells. Potentially 310 locations on 40 acre spacing remain to be drilled in the current footprint. Primary reservoir objectives are Clear Fork, Spraberry, Dean, Wolfcamp, Cline, Strawn, Mississippian, Woodford, and Devonian formations at maximum depths of approximately 12,500ft. No reserves are currently associated with Northern Star however EUR’s per well are expected to be 125-175 MBOE with 3P Net Reserves Potential of 29-41 MMBOE.
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Oyster Creek is located in the Frio oil and gas producing trend within central Brazoria County. Antares Energy’s current net acres are 225 acres with 2 active wells producing 160 BOEPD+. The Harrison No. 3 well is producing from the F41 sandstone with the Anomalina “A” and “B” behind pipe for future completions. Harrison No. 2 has produced in excess of 135,000 Boe from the F41 and in excess of 165,000 Boe from the Anomolina “C.” Harrison No. 2 is currently producing from the Anomolina “B”.
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