Samuel License
(89,205 Acres)
| Target: Oil | Lower Cretaceous Carbonates at 3,200m |
| Target: Gas | Plio/Pleistocene, Oligo/Miocene, Turbidites, Canyon Filled Sands: 2,000m |
| Exploration: | 45 Km2 3D OBC (Ongoing) (ARIS Nefterazvedka) Existing 2D indicates presence of DHI |
| Processing: | Ongoing-IOX-CXT |
| Prior Drilling: | Yam-2 Well immediately west tested oil in Jurassic, Ashdod oil field in Jurassic, Heletz oil field (Lower Cretaceous) |
| Drilling: | Shallow water 40 to 100 meters |
| Operator: | Adira GeoGlobal (Adira Lead) |
| Working Interest: | 38.25% |
| Partners: | Brownstone Energy 6.75%, Pinetree Capital 10%, GeoGlobal Resources 45% |
