Drill targets were defined from Frio level, at a depth of 3000 feet (914m), through the Yegua and down to the Lower Wilcox level at a depth of 12,000 feet (3657m).

“At Lower Wilcox level, a lead on 2D has been confirmed on 3D data as two large prospects separated by a structural saddle,” FAR said.

“In addition, a sizeable feature has been mapped in the Cretaceous Glen Rose section at 23,000 feet.”

FAR said a sampler of prospects would be shown to potential industry partners at the NAPE conference held in Houston next month.

Shooting of the NE Waller 3D seismic survey was completed by Quantum Geophysical Inc in the first week of November, with all field data delivered to Generation Services Group, LC, of Houston for processing.

The survey covered a lightly-explored area, on trend with significant Yegua and Wilcox production and was designed to evaluate structural leads generated by extensive subsurface mapping and evaluation of over 100 miles of 2D seismic data acquired mainly in the 1980s.

FAR is the lead participant in this onshore Texas Gulf Coast exploration opportunity with a 34% working interest, while AYCO is operator.