Producing Permian Lease for Sale$ Protected

1100 acre Leasehold regionally located along Eastern margin of the Delaware Basin

Highly active O&G development area, with operators such as Felix (WPX), Jagged Peak (Parsley), and Oasis

Historic horizontal production mainly from Wolfcamp A, with operators recently successfully testing the 3rd Bone Spring in the immediate area

1st well drilled (initial 1-mile lateral) exhibited IP30 of 550 BOPD / 650 BOEPD and has cumulatively produced 145 MBO /170 MBOE to date (1st production September 2018). Currently producing 150 BOPD + gas.

Recent down spacing tests by offset operators confirming 8-wells/section for multiple landing zones

Price and dataroom subject to Non-Disclosure Agreement

State: Texas

District: 8

County: Protected

Category: Well/Lease

Property Owner Name: Protected

Phone: Protected

Property Owner Email: Protected

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Date Posted: Tuesday, April 27th, 2021