Welcome to Burleson Energy Limited
Overview
- Company listed May 2006.
- Teamed with the Kugler family of Austin, Texas - they own BUR shares and hold two Board seats.
- Interests in oil and gas leases covering approximately 47,000 acres in five Texas Counties.
To Date
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Initial focus was on Giddings (Austin Chalk) Field wells.
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5 wells drilled - all are on production (gas with minor condensate) from chalk reservoirs.
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BUR working interest 17.5% - 40 %.
- Will return to explore and develop Chalk acreage.
New Project and Focus Area
- New 3D seismic project area in Colorado County Texas - 119 sq miles.
- BUR 38% Working Interest.
- Multiple targets in conventional reservoirs - range of depths and target sizes
- Deeper reservoirs (Wilcox, Edwards and Sligo) include large to very large targets.
- Potential company makers with multi 100 Bcf potential.
- Project area on trend with 600 Bcf Word Field and has analogous targets
- Drilling to commence in December 2009
- Early wells to mostly target Wilcox sand reservoir
- Oil and gas potential of > 100 Bcfe.
- Deep well to penetrate Edwards and Sligo reefal reservoirs planned for 2H 2010
- 550 Bcf potential in the 2 reservoirs.

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