Opal Energy said that the two largest prospects in its Texas Giants inventory, the Orion and the Antares, already secured with leases covering 10,400 acres.
The company has identified preferred partners to fund and participate in the drilling of these natural gas prospects and has initiated discussions in this regard.
Ron Oligney said, chairman of Opal Energy, said: We are pleased to receive this independent report on one of our largest projects among our Texas Giants prospects in south Texas. We look forward to the opportunity to secure partners to drill and test this outstanding prospect along with the rest of our Texas Giants.
