Infill and Development Drilling Studies
Los Angeles Basin, California
Termo's review of the geologically complex area of the Aliso Canyon and Oat Mountain oil fields has resulted in the drilling of new wells over the past two years. Several pay zones were found in each well and are on production. Initial results have been very encouraging. New information from these wells is being incorporated into a geological interpretation to enable further development.
Termo is in the process of designing and permitting locations for up to 11 additional wells in these fields, including a new project area, North Aliso Canyon, for which we have begun the environmental study and review process. Permitting in Los Angeles County is a rigorous and time consuming process, and Termo has engaged the services of some of the best environmental and technical consultants in California to help us design and implement a sound and successful program for the area. We hope to begin drilling again in this area in the early winter of 2012.
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