Michigan Basin Project

 

Michigan Basin

This page updated 01/13/17

Daybreak has acquired a 30% working interest in 1,400 acres in the Michigan Basin where we have two shallow oil prospects.  The leases have been secured and multiple targets have been identified through a 2-D seismic interpretation.  A 3-D seismic survey is expected to be obtained by the end of March 2017 to further confirm our first well location and identify future drilling locations.  The wells will be vertical wells with conventional completions and no hydraulic fracturing will be required.  The first well is expected to be drilled during the first half of the calendar year of 2017.