Alaska Pacific Considering Eagle Ford Oil/Gas Lease
February 27, 2013
Alaska Pacific Energy Corp. (OTC Markets: ASKE) is moving closer to a deal for drilling acreage in McMullen County, Texas.
The acreage being considered appears to be able to provide an outstanding pay from the Eagle Ford shale pay zone. Experts have estimated over 25 billion barrels of oil and 150 trillion cubic feet of natural gas in the Eagle Ford shale pay zone. The company is in the process of accessing additional geology on the actual tracts that they are considering. There are also stacked payout opportunities in formations ...
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