BGX - Black Gold Exploration Corp.（以下简称“公司”或“GX”）欣然宣布，位于印第安纳州克莱县的 Fritz 2-30 油气井（以下简称“井”）已开始钻探。本月初，BGX 从运营商 Adler Energy, LLC（以下简称“运营商”）手中获得了该油气井 10% 的开采权益以及参与 210 英亩共同利益区域内任何补偿开发井的选择权。

该油气田补偿了 Fritz 1 井，该井大约在 17 年前钻探，发现了油气储层，但由于当时油价下跌等多种因素，该井从未生产过。该油井位于印第安纳州西南部一个著名的产油区，即 Terra Haute Reef Bank。

“我们相信，该地区的钻探是公司迄今为止最重要的短期里程碑，我们很高兴有机会参与该油井的钻探，这不仅为我们带来了早期现金流的潜力，也符合我们扩大在伊利诺伊盆地足迹的长期计划，”BGX 首席执行官 Francisco Gulisano 评论道。

伊利诺伊盆地每年生产 1000 万至 1200 万桶石油。1 运营商已完成对该地区 8 平方英里的 3D 地震评估，包括 Fritz 2-30，显示了浅层和深层堆积的产油层。该油井计划测试至少十个潜在的产油层。 3D 地震图中清晰可见的深层裂缝表明石油可运移至多个高孔隙度区域，包括 Devonian、Trenton、St. Peter Sand、Black River 和 Knox。这些区域的闭合深度均超过 100 英尺，为大型油藏提供了空间。

Adler Energy 总裁 John Miller 表示：“根据我们整理的 3D 地震和其他数据，我们经验丰富的技术团队对 Fritz 2-30 油井感到无比兴奋，我们很高兴与 BGX 合作，发现我们认为尚未开发的巨大价值。”“

鉴于 Fritz 油井的历史，我们希望利用被忽视的机会，希望不仅可以启动我们的现金流，还可以释放北美历史上最古老、产量最高的石油盆地之一的价值，”Gulisano 先生总结道。

BGX - Black Gold Exploration Corp. (the “Company” or “BGX) is pleased to announce that drilling has commenced on the Fritz 2-30 oil and gas well (the “Well”) in Clay County, Indiana. Earlier this month, BGX acquired a 10% working interest in the Well and an option to participate in any offset developmental wells in a 210-acre area of mutual interest from the operator, Adler Energy, LLC (the “Operator”).

This prospect offsets the Fritz 1 well, which was drilled approximately 17 years ago and discovered both oil and gas pay horizons, but never produced due to a variety of factors, including a drop in oil prices at the time. The Well is in a known productive oil zone known as the Terra Haute Reef Bank, in Southwestern Indiana.

“We believe that the drilling in this region is the Company’s most significant short-term milestone to date and we are delighted to have the opportunity to participate in the Well, which not only gives us the potential for early cash flow but is also aligned with our longer-term plan to expand our footprint in the Illinois Basin,” commented Francisco Gulisano, Chief Executive Officer of BGX.

The Illinois Basin has a history of producing 10 to 12 million barrels of oil annually.1 The Operator has completed an 8 square mile 3D seismic evaluation of the area, including the Fritz 2-30, showing both shallow and deeper stacked pay horizons. The Well plans to test a minimum of ten potential oil pay zones. Deep seated fractures clearly visible on 3D seismic are demonstrating migratory pathways for oil into multiple zones with high porosity, including the Devonian, Trenton, St. Peter Sand, Black River and the Knox. These zones all show over 100 feet of closure, giving room for large reservoirs of oil.

"Based on the 3D seismic and other data we have complied, our experienced technical team could not be more excited about the Fritz 2-30 well and we are very happy to be working with BGX in discovering what we believe is tremendous untapped value," commented John Miller, President of Adler Energy.

“Given the history of the Fritz wells, we are looking to take advantage of overlooked opportunities to hopefully not only jump start our cash flows but also unlock value in one of the oldest and most productive oil basins in North American history,” concluded Mr. Gulisano.