|Madera and Merced
The Challenger Trend was acquired in November 2011 as part of a transaction with a private company. The assets acquired include one producing well (60 mcf/d) and 32 square miles of 3D seismic data.
Targets include the Zilch, Blewett, Vaqueros/Temblor sands, as well as, the Kreyenhagen & Moreno shale gas zones. Analog fields include Moffat Ranch (18.7 Bcf), Merrill Avenue (29.3 Bcf). The property carries with it a $900,000 pipeline commitment.