Currently, the lease has one shut-in well with pumpjack, production string and connections to an existing tank battery.
With infrastructure already in place, the company expects to restart the production in the second quarter of 2011.
The company believes that there are as many as four potentially productive zones present on the lease.
Based on 20 acre spacing, the company has identified 14 drilling prospects on the lease.
Primary target zones are the Gardner, Morris and Gray sands as well as the Ellenburger limestone.
The company has initiated a detailed geological evaluation to guide the lease development plan.
