Tennessee Prospects

Click on each company for more details on opportunities in Tennessee.

TMD Energy
St. Joseph Petroleum
Miller Petroleum
B&H Supply
Hein Oil
Young Oil
Ohio Kentucky Oil

TMD ENERGY - A Division of Target Market Development

TMD Energy specializes in developing, managing and brokering oil and gas properties in Tennessee.  It is currently developing a pilot Trenton-Knox deepening project, a 5,000 ft. Knox drilling prospect and is serving as the managing partner of a150 million ton coalbed methane project near Rockwood, Tennessee.

The firm also owns and operates its own wells in Clay, Fentress and Morgan Counties.

TRENTON-KNOX DEEPENING
As the attached drawing illustrates, operators are hitting shallow commercial oil and gas wells in the Trenton & Knox in middle Tennessee.  They are also hitting 200 bod oil wells in the Trenton and gas wells with IP’s of 1-5MMCF in the Knox in upper east Tennessee.

Between the shallow wells in middle Tennessee and the deep wells in east Tennessee, there are hundreds of wells that were only drilled to the Ft. Payne formation.  These wells are candidates for deepening.

COAL BED METHANE
Rockwood Gas Exploration is in the early stages of developing a 15,000- acre coalbed methane project near the city of Rockwood.  Some 150 million tons of coal have been blocked out by core drilling.  Rockwood is preparing to drill a test well to core the coal and to test two deeper potential gas producing horizons below the coal.

KNOX  DRILLING PROSPECT
Knoxville-based Tengasco’s recent success drilling  and producing 5,000 ft. Knox gas wells and 3,500 ft. Trenton oil wells in its Swan Creek field has sparked a Knox play in Eastern Tennessee.  TMD Energy has been following the play and is now leasing the first of its six Knox prospects.

For more information on these and other Tennessee projects and properties for sale, contact: Bill Goodwin, President, TMD Energy, 750 Old Hickory Blvd., Suite #170, Brentwood, TN, 37027, phone 615-259-2677, e-mail tmdbill@aol.com.

ST. JOSEPH PETROLEUM

7378 Cockrill Bend Blvd., Nashville, TN 37209
Phone. 615.350.6699   Fax. 615.350.8149  Email. stjoepet@home.com  
Web site.  www.saintjoepetroleum.com

During the period between 1979 and 1985, Saint Joseph Petroleum discovered and developed two oil and gas fields in East Tennessee.  Both fields were discovered by discovery wells drilled by Saint Joseph Petroleum.  These fields are described below:

Hurricane Ridge Gas Field, Fentress County, TN, covers 3,135 acres.  Produces gas and some oil from Mississippian Ft. Payne Limestone at 1,5000 ft.  Cumulative production thru 2000, approximately 2.5 BCF gas.  Field still produces 150 MCFD.

Stockton SW Field, Fentress County, TN covers 2,560 acres.  produces gas and oil from Mississippian Monteagle Limestone and Ft. Payne Limestone at 800 and 1,250 feet. Cumulative production thru 2000, approximately 2 BCF gas and 400,000 barrels oil.  Field still produces 40 barrels of oil per day.

During the period 1985-2000, Saint Joseph Petroleum did not develop and drill new prospects, due to low oil and gas prices.  The company is active again trying to develop new Trenton/Black River Ordovician prospects on the Cumberland Plateau of East Tennessee.  These Prospects will be developed using aeromagnetic survey data with special basement fault interpretation techniques to locate hydrothermal dolomite areas.  Prospective depths range from 2,500 to 3,5000 feet.  Leased and drillable prospects should be available late 2001 or early 2002.  Contact H.R. Beaver, Vice President, Exploration, Saint Joseph Petroleum.

MILLER PETROLEUM    

3651 Baker Hwy. *  P.O Box 130, Huntsville, TN 37756
Phone. (423) 663-9457,  Fax.  (423) 663-9462 

With $41.3 million dollars of net proven reserves discounted at 10% and an additional $5.5 million dollars of estimated tangible equipment, leasehold acreage and other assets:

Miller Petroleum, Inc. (MILL) has been a publicly held company since 1997.  The company is currently trading Over The Counter NASDAQ, with earnings and production increasing every year.  Headquarters are in Huntsville, Tennessee, about one hour north of the city of Knoxville.  Miller Petroleum was formed by Deloy Miller in 1967.

To date, the company has drilled and serviced over 5,200 wells, with 65% of the total drilled and serviced wells in the State of Tennessee.

From 1967 to the mid 80's the company became the largest drilling contractor in the southern Appalachian region with 18 drilling rigs from New York to Alabama.

The company has over 45,000 acres of leases held by oil and gas production. 

Miller's areas of exploration and development are the Cumberland Plateau and the southern portion of the Eastern Overthrust Belt.  Miller continues to be a leader in the region, with state of the art technology, utilizing the latest computer graphics and analytical tools for geological exploration with the largest data base logs and well information in the region.

Based on a recent Certified Reserve Report, the company's net proven reserves are 11.7 billion cubic feet of gas and 379 thousand barrels of oil.

Miller is currently exploiting the potentially huge play along the front of the Eastern Overthrust belt in the Appalachian Basin.

For additional information and investment opportunities, contact Deloy Miller, CEO of Miller Petroleum, Inc.

B&H SUPPLY, INC.

Bill & Barb Lockhart
P.O. Box 4148 , Oneida, TN 37841, Phone.423-663-9595, Fax 423-663-9596

Located in Helenwood, the heart of Tennessee’s oil and gas country, B&H Supply carries a complete line of natural gas compressors as well as oil and gas production equipment.

We lease and sell a wide range of compressors, from single well units to mult-stage compressors capable of delivering several million cubic feet of gas a day into a high pressure interstate pipeline.  In addition, we service compressors throughout Tennessee and most of Kentucky.

We sell Harbison-Fisher pumps as well as servicing and rebuilding all downhole pumps.  We also sell and service Kimray glycol pumps, as well as Fisher, Equimeter, Kimray and Murphy Controls.

As the largest Tennessee-based oilfield supply store, we offer a wide range of service rig supplies such as Guiberson Rubber Products, rope sockets as well as jaws for service tools.

In addition to selling Baylon, Appolo and Grinell valves from 1 inch to 8 inch, we stock plastic pipe, fittings, regulators and meters.

If you need it for the oilfield in Tennessee, we either have it or can get it for you.

Whether you need a valve, a rig, a lease, a lawyer or an H2S monitor, we know where to go to get what you need in Tennessee.

“We think there are lots of opportunities in Tennessee. Stop by, we’ll be glad to tell you all about them.”

HEIN OIL COMPANY, INC.

Route 4, Box 339 * Albany, KY 42602, Phone: 606-387-8275

OIL IN CUMBERLAND COUNTY
CROCUS CREEK PROJECT

Oil is not new to Cumberland County, Kentucky. In fact, there were shallow oil wells all around this county at the turn of the last century. There was even small refinery. Standard Oil was active for several years and used barges on the Cumberland River to ship their oil.

We are planning to drill several shallow wells on our 600 acre lease in the Bakerton community. We are currently operating a 300' Granville well in one corner of this property. To the best of my knowledge, there has been no drilling on the larger part of the lease, but there are old oil wells all around it.

The area of special interest shows high cliffs on the East as well as the South. These lead down into the Cumberland River and its tributary, Crocus Creek. Because of the rise in elevation, I am looking to find the Granville formation at about 550' to 650'; failing that, we might want to take these wells to the Knox formation. From the Granville to the Knox formations, we will explore the Upper and Lower Sunnybrook, as well as the Stones River, Murfreesboro and Wells Creek formations, all of them major players for oil exploration here in South Central Kentucky.

Dieter Hein

  
YOUNG OIL CORP.

57 OF 72 -YOUNG OIL CORP HAS BEST HIT TO DRY HOLE RATIO IN THE STATE OF TENNESSEE

Young Oil Corporation, a privately owned oil and gas exploration, based in Knob Lick, Kentucky, has the best record for drilling producing wells in the state of Tennessee.

“We are 57 for 72 through our first four years,” explains Anthony Young, CEO and owner of the firm.

“Actually, our hit ratio has improved with each passing year, and we expect to do as well, if not better in 2001-2002.  We have a solid acreage block in a very productive area.

“We have a new drilling rig that allows us to speed up our exploration program considerably, and we believe we have a good handle on finding more of these Tennessee fracture-enhanced reservoirs.” he added. 

Young focuses his exploration efforts on shallow formations, less than 2000 feet.  In fact, he has several discoveries at less than 500 feet. For example, the Nancy Peace #4, a 460-foot Fort Payne well in Overton County produced 10,332 barrels of oil in the first six and a half months on pump.  And it is still producing today.

“There are thousands of potential productive leases in Tennessee and Kentucky.  We are going to drill a lot of them, but we could do more with some more good financial partners,” says Young.

For more information, contact: Anthony Young, Young Oil Corporation, 154 A. Young Rd., Knob Lick, KY 42154.  Phone 270-453-3208. Fax 270-453-3209.  Web site:  www.youngoilcorp.com.

OHIO KENTUCKY OIL CORP.

100 E. Lowry Lane, Lexington, KY 40503, 800-289-4645, Fax 859-276-0699 http://www.ohiokentuckyoil.com

Lexington, Kentucky-based Ohio Kentucky Oil Corp. is one of the largest, most successful oil and gas exploration and development firms in the Appalachian Basin.

Managed by William Griffith, the 25-year-old firm has ranked first or second in the number of new wells drilled in Kentucky and Tennessee over the past decade and is one of the largest producers of crude oil in the state of Tennessee.

In Tennessee, Ohio Kentucky focuses its drilling dollars on the Trenton-Black River and Knox formations.  The Trenton-Black River formation has recently become the “hot” formation throughout the Appalachian Basin, from New York to Tennessee.

“We believe we have the experience and expertise to continue to be one of the leaders in exploration both in Tennessee and Kentucky,” says Griffith.   We welcome industry partners."