As seen on Press Releases dated Feb. 22nd, 2017. Virtus Oil has entered into a Letter of Intent for properties in the Paradox Basin.

We will be updating this page as the due diligence moves forward.

Changes will be made upon completed due diligence.

Assets

Net Acreage

NRI

Location

1P

(Mboe)

3P

(Mboe)

PV

(M$)

Production

Squaw Canyon

160

82.50%

Utah

49

249

5,400

10 bopd

Tin Cup Mesa

1080

85.50%

Utah

1,791

6,110

46,500

Waiting on Workover

Salt Valley

640

85.00%

Utah

20

20

_

5-10 bop monthly

Total

1,880

84.90%

1,860

6,379

51,900

15-25 bopd

 

Tin Cup

 

Squaw Canyon

Salt Valley

 

 

Wells and Production Numbers

Well Name API Well Number Well Status Well Type Total Cumulative Oil  Total Cumulative Gas  Total Cum Water Field Name County Qtr/Qtr Section T-R Hz TD History  Logs FILES  
SALT VLY ST 25-12                    43-019-31463-00-00 Producing Gas Well 1174 0 3095 WILDCAT                   GRAND NENW 25 22S-19E   8912  History  Logs Files  
SQUAW CANYON FED 1-19                43-037-30485-00-00 Shut-In Oil Well 226137 601604 17901 SQUAW CANYON SAN JUAN SENE 19 38S-26E   5611  History  Logs Files
SQUAW CYN 3-19 FED                   43-037-30622-00-00 Producing Oil Well 130035 327264 6159 SQUAW CANYON SAN JUAN NWNE 19 38S-26E   5738  History  Logs Files  
TIN CUP MESA 1-25                    43-037-30690-00-00 Inactive Water Injection Well 3702 9610 4750 TIN CUP MESA SAN JUAN SWNW 25 38S-25E   5714  History  Logs Files  
TIN CUP MESA 3-26                    43-037-30762-00-00 Shut-In Oil Well 383713 922648 149601 TIN CUP MESA SAN JUAN NWNE 26 38S-25E   5780  History  Logs Files
TIN CUP MESA 2-23                    43-037-30808-00-00 Shut-In Oil Well 222931 311087 1118965 TIN CUP MESA SAN JUAN SESW 23 38S-25E   5798  History  Logs Files
TIN CUP MESA 3-23                    43-037-30815-00-00 Shut-In Oil Well 16361 32146 72839 TIN CUP MESA SAN JUAN SWSW 23 38S-25E   5895  History  Logs Files
FEDERAL 4-26                         43-037-30941-00-00 Shut-In Oil Well 175913 367564 677996 TIN CUP MESA SAN JUAN SENE 26 38S-25E Yes 5814  History  Logs Files
TIN CUP MESA 2-25                    43-037-30983-00-00 Shut-In Oil Well 710960 842044 1555747 TIN CUP MESA SAN JUAN NWSW 25 38S-25E   5619  History  Logs Files
TIN CUP MESA 3-25                    43-037-31020-00-00 Shut-In Oil Well 273738 284007 679037 TIN CUP MESA SAN JUAN SESW 25 38S-25E   5788  History  Logs Files
TIN CUP MESA 4-25                    43-037-31145-00-00 Shut-In Oil Well 299 379 17 TIN CUP MESA SAN JUAN SESW 25 38S-25E   5778  History  Logs Files
TIN CUP MESA 5-26                    43-037-31368-00-00 Shut-In Oil Well 240271 334601 3003893 TIN CUP MESA SAN JUAN SWNE 26 38S-25E   5781  History  Logs Files
TIN CUP MESA 6-26                    43-037-31540-00-00 Shut-In Oil Well 110361 158973 1497688 TIN CUP MESA SAN JUAN NESE 26 38S-25E   5800  History  Logs Files
WDW 1                                43-037-31761-00-00 Active Water Disposal Well 0 0 0 TIN CUP MESA SAN JUAN SWNW 25 38S-25E   3415  History  Logs Files