Recently I flew back to Montana to see the progress of the gas and oil wells. It was an awesome trip to see the exciting progress we’ve made and the actual plan for the future. I was able to see the Lake Frances gas wells that we were first involved with.
The trip started off with meeting with Bob Miller, Geologist and a new investor in Cut Bank, Montana. Cut Bank became famous during 1950’s discovering oil and gas in that area. It’s near the Rocky Mountains which has an over thrust area with large deposits of oil and gas. Bob currently has an office here in Cut Bank, that he is able to over see the many gas and oil projects going on here and in Canada. We toured the newly drilled oil wells that will hold approx. 10,000 gallons in their tank. Once this tank is full, they will transport the oil by truck to the city in Cut Bank, where the distribution plant is located then from there, it will be piped to Billings Montana.
The property we began drilling oil on which (we currently have 4 oil wells), has the potential of 40 operating oil wells. It costs approximately $300,000.00 per oil well from start to finish. About 8 strokes per minute is equal to 120 barrels a day on oil wells.
Below are the pictures from the trip to Montana.
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