First Petroleum Source'S RECENT ACQUISITION
Permian Basin
First Petroleum's recent acquisition
First Petroleum Source's Current Operations
Permian Basin, Texas
The company has successfully closed on this project in the Permian Basin in a very active exploration area. This is a proven field with a low decline rate and production averaging 95 BOPD. The company is started workovers and frac's while it prepares to drill in Nolan, Garza and Fisher Counties.
Milam County, Texas
This property is situated on 50,000 acres in a highly prolific area with proven oil, gas, and lithium reserves and is located in a very active exploration and production zone.