California: Guijarral Hills step-out drilling

March 2, 2011
Solimar Energy LLC, Melbourne, targets four sandstone reservoirs at 7,000-10,200 ft at the AEDT 76-33 well drilling below 5,475 ft adjacent to Guijarral Hills field in southwestern Fresno County, Calif.

By OGJ editors
HOUSTON, Mar. 2
-- Solimar Energy LLC, Melbourne, targets four sandstone reservoirs at 7,000-10,200 ft at the AEDT 76-33 well drilling below 5,475 ft adjacent to Guijarral Hills field in southwestern Fresno County, Calif.

The San Joaquin Basin exploratory well is mapped based on well control as a potential undrained extension of the field, which has produced more than 50 million bbl of light oil since discovery in 1948.

The 2,560-acre project area could accommodate as many as 12 development locations. Blast Energy Services is funding two thirds of the well cost under farmout and is contributing toward Solimar’s past costs. Solimar is operator with 35% interest.