SJR founded in 1990 by Jerry McHugh, Jr., company operates 45 wells across 3 counties. SJR has assembled 45,000 acres since 2009, culminating in two Mancos HZ drilling projects.
OIL--25,000 acres adjacent to 50 MBO/300BCF; 500 HZ Laterals Mancos oil window; Estimate potential 500 MBOE/well; 200 locations--ready to drill
GAS--7000 acres in Mancos gas window; 20 BCF/ well, 44 locations; ready to drill summer '25
Brands: Mancos HZ drilling prospects--- Mancos Oil-- 25,000 acres 900 MBOE EUR per 1.5 mile lateral Mancos Gas--20 BCF EUR per 2 mile lateral. Both are permitted and ready to drill 2024.