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Permian Basin Producing Lease Package Improvement Program$ Protected

900 Acres with multiple wells in multiple proven payzones including Shallow Permian and Strawn Sands

Currently Producing 57 BOPD & 260 MCFPD with net revenue @ $1.3MM in 2016

Purchase will fund “Phase I” reworks and repairs to bring estimated $500k in monthly net revenue and estimated Year 1 revenue around $6.5MM.

Total proved reserves @ $23MM.

Additional planned phases will be heads up with the operator.

Price above for 75%WI & 60% NRI non ops

This is not an offer to buy or sell securities. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions.


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Date Posted: Wednesday, January 17th, 2018

**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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