Oakdale
Oakdale —Jefferson County, IL
To date SGCA has leased over 1800 acres in the Oakdale prospect areas. The Company plans to shoot several 2-D seismic lines on currently held leases in conjuction with seismic option agreements in order to confirm subsurface structures. Confirmation of structures will be followed by drilling. Targets range in depth from 2,000’ to 4,000’. Leases aquired to date are primarily 87.5% Net Return Interest.
Additionally, the Company has generated a number of Pinacle Reef prospects. These prospects will be confirmed by 3-D seismic and drilled based on 3D results.
