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Description
Working interest in a single well in TX (75%NRI) managed by an operator I’ve known for years
70-100 mcf of gas a day before parted rod a few years ago. naturally producing now but minimal
Plan is to replace rod then go from there.
Estimated $3500 a month net @ $2.50 per mcf 80 mcfpd
Typical operating expenses around $500 a month.
Price above for 50% working interest
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