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Double Eagle Petroleum Operations in Niobrara (Medium)

Oil Shale - Execution


Location  Wyoming and Western Nebraska - United States
Scope  Double Eagle Petroleum targets Niobrara Shale play in the Rocky Mountain Region, where the company acquired a total of 72,972 net acres (97,774 gross) in different regions as the following: Atlantic Rim in Greater Green River, where it had 36,508 net acres, Powder River Basin where it had 16,283 net acres.

Also in Laramie/Hanna Basin where it had 8,669 net acres, Wind River Basin where it had 640 net acres and it had 6,674 and 4,198 net acres respectively in DJ Basin of Wyoming and Nebraska. Also it owns 20 miles of 3D Seismic reprocessed in Catalina Unit. During 2010, the company allocated a portion of its capital resources to acquiring acreage with mineral rights in the Niobrara formation to begin an exploration project in 2011.


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