John Morales, Jr.: Business Development Activities

“Our United States Reservations are blessed with natural resources and the infrastructure which can accommodate various midstream and downstream development projects. All of which we are actively pursing and are already past feasibility study stage in many areas. Refineries, ethanol, agriculture… it's all possible." Click for Full Bio

Contact John at:

318 D Street, West

Poplar , Montana , 59255

Home: 406-768-3747

J50Morales@msn.com

Morales Resources, LLC:

Oil & Gas Exploration Opportunities On The Fort Peck Reservation: Summary - updates coming soon!

Past Articles:

Huge Oil Reservoir May Lie Under Northern Plains April 10, 2008

Report on Bakken oil potential expected April 7, 2008

Fort Peck tribes envision oasis Billings Gazette Article 3-25-07

Fort Peck Tribes harness prairie wind Great Falls Tribune 9-22-06

Morales Resources LLC has begun to take an active role in developing the natural resources assets of the Indian Reservations of the United States. In doing so, Morales Resources LLC is interested in diversifying the tribal economies and expanding regional development. Morales Resources LLC is undertaking a variety of energy and natural resource related economic development projects and initiatives.

 

Links:

 

FAQ:

Why isn't this information concerning the Bakken Formation on front page news?

Why aren't we drilling in the Bakken Formation?

What are the realistic chances to retrieve oil and gas from the Bakken Formation?

Does the Bakken Formation contain more oil than Saudi Arabia?

Will the oil in the Bakken Formation free us from depending on foreign oil?

Where does the oil from the Bakken Formation go? Is it stockpiled, exported, or used in the U.S.?

What companies are drilling in the Bakken Formation?

Is it true that the USGS released a report that states 3 to 4.3 billion barrels of technically recoverable oil assessed in North Dakota and Montana's Bakken Formation - - 25 times more than 1995 estimate?

What are the costs of drilling for oil in the Bakken Formation?

How much oil and gas are actually in the Bakken Formation?

What documents are available on the Bakken Formation?

Where is the detailed report concerning the Bakken Formation?

 

Executive Summary:

Morales Resources LLC has begun to take an active role in developing the natural resource assets of the American Indian Reservations and surrounding areas . In doing so, Morales Resources LLC is interested in diversifying the tribal economy and expanding regional development. Morales Resources LLC is undertaking a variety of energy and natural resource related economic development projects and initiatives.

Morales Resources LLC consists of former Tribal Chairman John Morales. Mr. Morales believes that the best way for the Indian Reservations to have a sustainable economy, economic development must come from the private sector and not from a political or governmental perspective.

This perspective is unique in Indian Country. Mr. Morale realizes that doing oil and gas business on Indian reservations can be a trying experience for any company. It can be very difficult trying to figure how to deal with the Tribal government, the TERO ordinance, the BIA, BLM, MMS and EPA as related to American Indian Tribes. Morales Resources LLC was founded with the idea of being the company that can navigate our clients through the mine-field of doing business on an Indian reservation.

Oil & Gas Development Opportunity

Morales Resources LLC is actively seeking out oil and gas exploration and development companies and potential partners with a shared long-term vision to further develop and support a regional economy through oil and gas related infrastructure development and diversification, including mid-stream and downstream development facilities.

The Fort Peck Reservation is situated on the western flank of the Williston Basin , a historically prolific and exceptionally large sedimentary basin during much of Paleozoic and Mesozoic time. More than 10,000 feet of sedimentary strata underlie the area, of which about 1,900 feet is exposed at the surface. As much as 357 feet of Quaternary and late Tertiary unconsolidated sediment overlie the sedimentary rocks. The basin is predominantly a carbonate depocenter interbedded with clastics and evaporites. The clastic units are composed of both marine, organic rich shales, which are the principle source rock, and marine or fluvial sandstones. The carbonates and evaporites are mainly tidal flat, bioherm / reefs or sabhka deposits.

 

Interest in the Bakken Formation has caused a great deal of recent exploration interest and activity in and around the reservation. The following are maps of the Richland County , which is south of and adjacent to the Fort Peck Reservation.

Seismic data and geological reports are available for review and due diligence analysis for prospective partners. Morales Resources can facilitate review of those materials after a nondisclosure or confidentiality agreement is executed with the Morales Resources. Morales Resources have access through the Assiniboine & Sioux Tribes updated maps of the numerous active leases as well as identification of wells, plugged and abandoned as well as producing in addition to seismic data.