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we are currently looking to divest of all of our oil and gas leases in a single package deal. The leases are centrally located near one another in south central Texas. The majority of the wells were drilled over 30 years ago and have maintained a long consistent history with little to no decline curve. The production comes from a variety of formations and depths. All leases have upside and the potential to more than double the current numbers. Please email for detailed package.
– 41 total wells: 30 producing wells, 12 SWD wells, and 24 shut-in wells
– Current production ~100 BOPD
– Over ~2,400 acres, most containing all depths
– Located domestically onshore in south / central Texas
– Numerous drilling locations on majority of properties
– High net revenue interest on all properties
– 100% working interest on all properties
– 12 Mn Net Income Ave. ~$86,000 / month (throughout 2014)
– PUDs in place