The Pecan Gap Prospect in Leon County, Texas represents a high-return oil opportunity in a bypassed carbonate interval that has remained largely underdeveloped. Petralis Energy Resources controls a 320-acre lease positioned over a structurally defined porosity reef with proven hydrocarbon presence confirmed by logs, cores, and historical production. Offset wells demonstrate porosity up to 21% with oil saturation, while prior tests flowed oil and gas despite outdated completion techniques. With a shallow depth of ~4,700 feet and proximity to infrastructure, the project offers low drilling costs, an estimated 55 MBO EUR per vertical well, and modeled economics exceeding 70% IRR and a 13-month payout. Initial development will focus on a vertical proof-of-concept well, unlocking scalability through additional verticals and potential horizontal redevelopment. This combination of geological validation, modest capital requirements, and strong economic returns makes the Pecan Gap Prospect a compelling investment opportunity.
Petralis Energy Resources, LLC
14503 Memorial Drive BOX 284, Houston, TX, USA