By OGJ editors
HOUSTON, Mar. 13 -- Sun River Energy Inc., Wheat Ridge, Colo., let a contract to Thomasson Partner Associates Inc., Denver, to coordinate all evaluation and exploration activity leading to drillsite selection on Sun River's 112,000 acres in Colfax County, northeast New Mexico.
The 9-month project timeline includes gathering data, assessing area potential, secondary data gathering, prospect ranking, targeting 2D seismic, 3D seismic if warranted, and drillsite definition.
The area has potential for multiple pay zones and natural gas in structural accumulations and may have potential in Lower Pennsylvanian black shales in an "elevator basin" setting, similar to the ongoing play in Guadalupe and San Miguel counties, NM (see map, OGJ, Feb. 23, 2009, p. 32).