 Strategic
Alliances
STRATEGIC ALLIANCES
Quantum has focused on developing Strategic
Alliances with other experienced Independent Exploration and Production
Companies to establish a highly competent Exploration Team. This Team
is currently acquiring significant Lease Acreage in the Haynesville
Shale Formation in Northeast Texas and Northwest Louisiana.
As an example, Quantum
has a Strategic Alliance with New Century Exploration, Inc. (www.newcenturyexp.com),
to acquire Leases in Texas and Louisiana, to drill and complete wells on
such acreage, and to fully develop production rates on these Leases.
Utilization of modern horizontal drilling technology, combined with
extensive hydraulic fracturing operations, can maximize royalty revenues
to the Mineral Owners. Quantum prides itself in maintaining on-going
relationships with its Mineral Owners with whom it obtains Leases.
Regular and open communications with Mineral Owners are major
priorities.
Quantum also regularly uses the expertise of NuTech Energy
relative to log analysis and interpretation, as well as engineering
consulting. NuTech has an outstanding reputation in the Industry, and
performs services for many of the large Independents and Majors. Their
Website is
www.nutechenergy.com. Quantum
has recently acquired several deep Wells previously drilled by Humble
Oil Company (Exxon), in the Texas Gulf Coast area. The logs and records
from each of these wells also indicate production zones that were
by-passed and are currently "behind pipe". NuTech has reviewed the
applicable logs and production records, and identified some of the pay
zones. Attached are a few pictures of one of these Wells recently
re-worked and in production. Quantum is presently developing
Operational Procedures to re-enter additional Wellbores of the Wells it
has acquired, and establish significant production of natural gas and
oil. Some of these Operations will involve the deepening of the older
Wellbores as well as specific side-track and whipstock operations.
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