Wolverine Gas & Oil Company of
Utah, LLC
26
Federal Unit Prospect Generation Timeline
1957 Chevron drills Sigurd Unit #1
1981 Chevron
drills Salina Unit #1 great dipmeter and good analog for lithology
1995 & 1997 Chevron acquires seismic data
2000 Wolverine buys acreage from Chevron
(April) SEISMIC
License 120 miles
Chevron
(reprocess map)
GEOLOGY Regional/Prospect
2001 GEOCHEM Source study
STRUCTURE Timing
of hydrocarbon migration
2002 FIND
DRILLING PARTNERS
N.A.P.E. (Houston)
Prospect Exchange (Calgary)
2003 N.A.P.E.
(Houston)
Prospect
shown to 65 Companies
(July) FORM
FEDERAL UNIT
(Nov) SPUD Wolverine Gas and Oil - Kings
Meadow Ranches 17-1
2004 Complete
discovery
2005 Develop
Covenant Field