HOUSTON, Aug. 19, 2015 /PRNewswire/ -- Fossil Oil Company announces that the Friendship Church Oil Well Joint Venture in Mississippi has now been successfully drilled, tested, and set production casing.
Fossil Oil's geologists and geophysicists have estimated this prospect to contain as much as 1,110,000 million barrels of crude oil under its 185 acres. Fossil Oil's technical team believe it will take 2-3 additional wells to fully drain these potential crude oil reserves we just discovered.
"If you were told by making a minimum investment of $12,000, you could own a Well that has already been drilled and successfully tested for oil and has a high probability of being a commercial producing oil well for over a period of 6-8 years, while also providing you a tax refund of an estimated $3,120 per Investment Unit in 2015, you just might want to know more about this investment opportunity, right? This is what we call a realistic economic opportunity in the oil exploration business," Fossil Oil Company's President, Dennis Kittler, asked.
Fossil Oil Management will stop this program at the time of perforating this Well and put it on production.
To view the independent evaluation and analysis by our geophysicist, Kevin B. Hill. Fossil Oil's partner, Moon-Hines-Tigrett Operating Company Inc. of Ridgeland, Mississippi is the Operator that managed the drilling and will also over-see the completion of this Oil Well PLEASE CLICK HERE.
If you would like to review the Project Summary (formal sales booklet) for the Friendship Church Oil Well JV – II, PLEASE CLICK HERE.
Fossil Oil Company, LLC, a Texas independent oil and gas exploration and production company, with top management collectively bringing more than 130 years of experience to generating both onshore and offshore drilling joint ventures for individuals to directly invest in oil and gas wells.
Please visit Fossil Oil's Website, CLICK HERE. We hope you will visit the various videos on the Home Page informing our viewers how an oil well is drilled and how oil and gas was formed millions of years ago. The website will be the place to find all updates, photos, and videos of field activities including the drilling of this exciting oil well prospect. For more information please contact Amanda Garcia at email@example.com or call 713-978-7986.
SOURCE Fossil Oil Company, LLC