BlackBrush℠ has 60,000 acres with Austin Chalk, Eagle Ford and Buda proven potential. In addition, the Georgetown, Edwards, and Pearsall Shale are very prospective over major parts of this lease position.
BlackBrush℠ recently completed its first horizontal Buda well. This well had an IP of over 500 BOPDe and has produced over 25,000 bbls of oil in the first 3 months. BlackBrush℠ is partners with Goodrich Petroleum in this well.
BlackBrush℠ has also partnered with Goodrich in over 42,000 acres of Eagle Ford. The first well has recently been completed. This well is still flowing back and has and is producing significant hydrocarbons. The well is restricted due to MidStream take away capacity.