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New drill on Producing Lease$ Protected

400 Acre Lease with SWD

Offset well drilled in August doing 45 bopd.

Plan is to drill single offset well to 2,800’ to test and complete in the King Sand

Estimated 30-60 MBO recoverable with production rate estimates 25-50 BOPD

Estimated Payout conservatively between 10-18 months and 5:1 – 8:1 ROI

Price above for 1%WI @ 75%NRI minimum 2%WI purchase. Second well in a 5 well program (first right of refusal on subsequent wells).

5%WI available


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Date Posted: Tuesday, October 22nd, 2019

**TexasOilProperties.com has not confirmed any of the information in this listing and implies no warranty as to its completeness or validity. We recommend a thorough evaluation and to consult with a licensed professional before making any investment decisions.

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