Viking, through its wholly-owned subsidiaries, Mid-Con Petroleum, LLC and Mid-Con Drilling, LLC, owns a majority working interest in over 25 producing oil leases with access to the mineral rights (oil and gas) in Kansas. Counties in which the leases are located include, Allen, Woodson, Miami, Franklin Riley, Geary and Wabaunsee. Viking’s ownership includes an undivided interest in all oil and gas wells, equipment and fixtures located upon the leased properties and used in connection with oil and gas operations.
Viking’s leases in Kansas produce oil from various formations and zones, including the Cherokee, Conglomerate, Viola and Simpson Sandstone, at depths ranging from 600 ft. to 3,300 ft. and offer the potential for several in-field drilling locations. Other target formations and sands include Arbuckle, Kansas City, Topeka Limestone and Kinderhook. There is also tremendous upside potential through the enhancement of existing wells using proven methods.