| Current
Projects - Wyoming & Montana
North
Clarks, MT
North Clarks Fork is located in the Big Horn
Basin, Montana, this prospect consists of 1,280
gross (1,280 net) acres. This field was discovered
by British American in 1956 and produced 1.1
million barrels of oil and 2.8 bcf of natural
gas over a 4 year period. This represents only
a portion of the recoverable reserves.
BEC believes that with current technology they
can produce the remaining recoverable reserves.
BEC has a 100% working interest. BEC has retained
the services of an independent engineering firm
to evaluate and provide a proved oil and gas
reserve report before drilling.
Flaming
Gorge, WY
Located within the Green River Basin, Wyoming,
this prospect consists of 5,100 gross (5,100
net) acres. BEC has sold all rights to a large
Independent. BEC has retained a 2% royalty in
all production established.
Goat
Hill, WY
Located within the green River Basin, Wyoming,
this prospect consists of 40 gross (40 net)
acres. BEC believes that this prospect has potential
for 1 well. BEC has completed all geological
and engineering work on this prospect and is
ready to drill.
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