 Target
Properties/Leases
TARGET PROPERTIES/LEASES
Quantum’s current activities
are focused on locating, leasing, developing, and marketing lower
risk oil and gas projects in the States of Texas and Louisiana.
These Projects consist of:
-
Acquiring
valuable acreage and mineral leases in proven oil and gas fields and
reservoirs. Quantum is focusing current leasing activities in Northeast
Texas and Northwest Louisiana, with special emphasis on the Haynesville
Shale Formation.
-
Drilling
horizontal wells in shale and heavily fractured formations that contain
significant concentrations of oil and gas accumulations.
-
Drilling new
developmental horizontal and directional wells in established fields,
and applying the newest hydraulic fracturing procedures and methods to
greatly enhance production rates.
-
After production
rates and cash flow are established, actively drilling additional infill
and development offset wells to fully develop the Leases that Quantum
acquires and maximize production.
-
Concentrate on Projects that utilize
and apply the newest technological advances and procedures,
including horizontal drilling, hydraulic fracturing, and extensive
subsurface analysis through
modern
3-D seismic technology.
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