Sonoma Energy Capital Prepares for Newest Development in the Heart of the Illinois Basin Oil Boom
Sonoma Energy Capital is preparing for its forth drilling venture in biggest oil boom in the history of the Illinois Basin. With the recent application of hydraulic fracturing, the Illinois Basin now finds itself in what is being called the next "Eagleford Shale". "We staked our claim in Southern Illinois well ahead of the "land rush" of the big oil companies", said Bob Nelson, President of Sonoma Energy Capital. "We have acquired access to 480 acres on a "Class A" structure that has already produced 5 million barrels of oil above 3000 feet". Substantial and sustain oil production is common with that application of hydraulic fracturing on structures where it was once considered unconventional. Sonoma Energy Capital has assembled an elite team of oil and gas professionals including it's operator who began deep drilling in the Illinois Basin back in the 1970's. These awards include " Wildcatter of the Year" for a well with initial oil production of 800 barrels of oil per day. The Maunie 4 well will be the forth drilling venture of 24 wells planned for Sonoma Energy Capital in the Southern Illinois basin.
