US PATENT issued September 1, 2020 - # US 10,761,237 B1
Copeland Resources Inc (CRI) worked with a local geologist, found funding, and negotiated the contract for a large Marcellus Shale acreage acquisition. CRI obtained an ORRI ownership in 220,000+ acres and a mineral ownership in 85,000+ acres.
PROVEN TECHNOLOGY - DRILL WELLS IN BETTER LOCATIONS. Also useful in the development of waterflooding injection patterns.
The Carter Lease - The direction of a planned horizontal well leg was altered as a result of a Hydrocarbon Survey by CRI. The resulting well produced 75,116 BO in its first 19 months, and continued producing 91 BOPD. The horizontal in question was only in the pay zone for 200ft at a vertical depth of 2,800ft.