Working Interest: 90% Before Payout / 75% After Payout
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 producing 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.