Mississippian Chappel Reefs
Located in the Fort Worth Basin, the Chappel Reefs have long been a desired target of explorationists. Their high recoveries, slow declines, and fast payout have drawn many to seek out this Mississippian target.
Our seismic indicates a virgin reef is likely present on our lease. This reef is estimated to contain over 240,000 bbls of recoverable oil.
Horizontal Frac
IFDS seeks to test a potentially prolific new resource play in north Texas. The lease is currently producing from another reservoir and is held by production. The lease is connected to a saltwater disposal well and a gas gathering system.
IFDS is offering the opportunity for a savvy investor to partner with us, not only in the testing of this well but in the full development of the play.
Successful results in this well would allow opportunity to access additional acreage at a fraction of the cost of other productive basins and the ability to provide superior, tax advantaged returns to investors.
Investment will be structured to provide a viable exit strategy following pay-out and right of first refusal to reinvest in additional opportunities.