
MOWRY SHALE PLAY
Developing Horizontal Oil Play
Operated Wells and Leasehold
Powder River and Green River Basins

- ~80,080 gross acres / ~40,041 net Compass acres
- 55.0% working interest
- 44.5% net revenue interest
- 76% federal lands / 12% state lands / 12% fee lands
- Long term leases
- Leases cover all depths
- Developing horizontal oil play in multiple formations
- Primary target formation is Lower Cretaceous Mowry Shale
- Other conventional and unconventional target formations
include Niobrara, Frontier, Muddy, Dakota, Sundance,
Tensleep and Madison
- Two wells drilled to date – operated by Compass (Continental
Production contract operator)
- Ferris #1-1H (API #4900723558)
- Section 1-T25N-R87W
- 639-acre spacing unit
- ~5 BOPD current production
- McKenzie #1-7H (API #4902523535)
- Section 7-T35N-R78W
- 628-acre spacing unit
- ~5 BOPD current production
- Early results indicate development potential with improved
completion techniques
- Teppco is current oil purchaser under a month-to-month contract

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