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LONG BEACH OIL FIELDThe Long Beach Oil Field ("Long Beach"), discovered in 1921, is located in the Los Angeles Basin within the city of Long Beach, California. OOIP is estimated at four billion barrels. To date, Long Beach has produced over one billion barrels of oil or 25% of the OOIP. Pacific Energy's productive acreage at Long Beach is contained within three oil and gas leases (Acme, Pierce-Lightburn and Legion Commercial) encompassing about 20 acres.
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| ©2008 Pacific Energy Resources, LTD |