Meade Peake Shale

The Meade Peak shale is an organic-rich source rock that has sourced much of the oil and natural gas in conventional reservoirs in the western Wyoming and eastern Utah area.  The Meade Peak shale has an observed shale thickness of 70 to 350 feet, total organic carbon of 3% to 7%, and vitrinite reflectance values ranging from 1.8% to 2.7%. The Meade Peak shale is encountered at drill depths of 3,000 to 14,000 feet, with the majority of our acreage in the depth range of 3,000 to 10,000 feet.  The shale has been penetrated by over 100 wells in the area, most of which have natural gas shows.  Seismic and subsurface data show distinct, stacked thrust plates with large areas of relatively undisturbed flat lying sediment behind the leading edge of each of the thrust. These flat areas allow easy surface access and the stacked thrust sheets offer the potential to drill for multiple productive zones.