Guane Geological is currently pursuing internally developed shallow oil prospects in the Illinois Basin.

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We are focused on “step-out” drilling  within the prolific Buckhorn Consolidated Oil Field trend in Brown County, Illinois. We are pursuing leases to drill 2 step-out wells in the next 18 months.

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Step-out wells are wells located near existing fields/discoveries and have a higher expectation of success than wildcat exploration wells.  Guane’s step-out drilling prospects are within an established trend and will test independent structures or traps adjacent to producing fields.

 

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