TSX-V : EOG   Last Price: 0.47   Change: 0.00   Volume: 121000   Details (+)

2013B, 2014B, 2114

Block Size: 20,000 km2 (Acres: 4,942,000)
Working Interest    90% Working Interest
Access: Truck mounted mobile drilling rig
License: 4 years + 2 renewal terms of 2 years
Target: Karoo coal and shale sequence within Verbrande Berg formation (800 m depth 60 m thick) CBM and tight shale
Partners: EOG 90% NAMCOR 10%

Commitment:

Year 1: Initial desktop study of the resource. Selection of initial drilling target, wireline coring and gas content/volume testing and Maceral evaluation.
Estimated drill depth - 900 m
Year 2: Drilling of a five spot pilot well test program