Nevtah/Black Sands Energy Acquire Significant Sunnyside Lease in Utah Tar/Oil Sands
September 8th, 2006Nevtah Capital Management and its joint venture partner, Black Sands Energy, have signed an agreement to acquire a key leasehold property within the richest portion of the Sunnyside Deposit in the Utah Oil Sands.
The Sunnyside Deposit, according to the Lewin & Associates Report, 1983, ranges in field richness from 100,000 to 600,000 bbl/acre. The Report’s [...]