About

About Fossil Oil Company, LLC.A LIFETIME OF EXPERIENCE

(“Fossil Oil”) was incorporated (Charter #0801152968) under the Texas Business Corporation Act. It is an independent oil and gas exploration and production company whose management and consultants collectively have more than 125 years’ experience in operating and generating oil and gas projects. Fossil Oil’s team of management, geological, geophysical, and engineering consultants concentrate in generating lower risk development drilling prospects along the mid and upper Texas and Louisiana Gulf Coast (onshore), SW Alabama’s Smackover oil play, the Mid-Continental oil areas of Kansas and Oklahoma and more recently the Williston Basin Bakken/Three Forks unconventional shale oil/gas play in North Dakota and Wyoming.

 

Fossil’s current drilling project for 2012 involves drilling multiple oil wells in Escambia County, Alabama (Southwest Alabama) and in Southeast Liberty County, Texas. The Fossil-Texas/Alabama Multi-Oil Well JV currently is completing the first of two (2) oil prospects called the North Ingram and the Cottonburg “C”. The North Ingram Prospect is being drilled by Precision Drilling Rig #86 (Houston, Texas) and has commenced drilling operations to target the Smackover oil at 15,000’. The Cottonburg “C” Well #1 tested 168 barrels of oil and 260,000 cubic feet of gas on a 10/64th choke and is expected to be a significant potential oil producer. The gross estimated recoverable reserves potential for these two 3-D seismic based prospects are estimated to be a total of 495,000 barrels of oil and 450 million cubic feet of natural gas. Fossil management is again partnered with Choice Exploration who generated these prospects and will Operate the wells. Choice Exploration was recently rated 90th out of 18,000 independent O&G exploration companies in the USA based on production.

 

 For additional investment opportunity information, the viewer is required to request both a user name and password on the sidebar link or below (see “Current Drilling Project Opportunities”) on our website’s Home Page.

www.FossilOil.com.

 

 

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