Irati Energy Ltd.
Irati Energy is a Southern Brazil oil shale resource play, controlling over 3,100 KM2 of extensively drilled property, in a basin that has been consistently producing oil from share rock for over 30 years. Our oil shale claims today indicate over +2bln barrels of resource potential, being confirmed by total drilling inventory exceeding 90,000m over 2,500 holes. The project is strategically located in one of Brazil’s most industrialized regions where the local market is in need of increasingly more supply. The company expects to initially produce 8,000 bbl/d with the potential to scale to much higher rates with existing reserve inventory.
( www.iratienergy.com/ )