Quantum Energy

Quantum Energy has retained PLS Inc. to sell certain Rockies shallow-oil interests in Utah and Wyoming.

The package includes a 50% operated working interest (80% net revenue interest) in 90,000 mostly fee acres in Rich and Summit counties, Utah, and Uinta County, Wyoming. Targets include the Multiple Frontier and Bear River shallow sands. Deep targets are Twin Creek, Nugget, Big Horn and Mission Canyon. Offset deep fields have produced 350 million barrels of oil and 8 trillion cubic feet of resource potential. Shallow oil prospects are ready to drill.

Contact Richard Martin, 713-600-0107, rmartin@plsx.com.