Green River Basin
RED DESERT BASIN PROJECT
The Company’s Red Desert Basin Project Area, consisting of approximately 2,080 net acres, located in the northern Red Desert Basin within the Greater Green River Basin. The play concept targets the prolific Mesaverde, where the Company believes there is tremendous potential for tight gas sands play. The Red Desert Project in close proximity to established natural gas fields which produce from the Lewis, Alomond, and lower Medaverde.
The Red Desert Project Area has production and potential for gas reserves in the upper Cretaceous Lance, Lewis, upper and lower Almond, and the fluvial facies of the lower Mesaverde. Wells in the prospect area have encountered high overpressuring, which aids the otherwise low permeabilities found in upper Cretaceous reservoirs. These anomalously high pressures may also indicate the presence of what the Company believes is a ‘sweet spot’, with higher-than-normal permeabilities.
The USGS has described the lower Mesaverde as having been deposited in the ‘Rawlins Delta’, an extensive depositional system comprised of coastal plain and fluvial rocks at its depocenter, and laterally equivalent to the McCourt and Haystack Mountains marine sandstones found along its distal margins. This clastic wedge thins to the south, east, and west, both depositionally and by erosion at the Trail unconformity. In the prospect area, this tongue achieves an estimated overall thickness of over 2000 feet, based upon isopach projections from the south and west.