Re entry Offsetting 33 BOPD and 246 MCF/Day
We have a 320 acre lease, 80% NRI with a well we plan to re enter in next 30 days. The well has 32 feet of sand pays, including Gardner, Jennings, Fry and Overall. Serratt Sand may also produce. Jennings and Fry produce in offset wells. Currently have 30% Working Interest Available. Minimum purchase 5% WI
More InfoWolfcamp/Cline Shale Prospects part 2
Two sections in Irion County offset 15 horizontal well for lease or sale.
More InfoUPDATE-4 New Well Drilling Program – Estimated 6 Month Payout @ $40 oil
280 acres on 10 acre spacing. Plan is to drill and complete 4 Wells into Callo and newly discovered Ellenburger with frack 35- 75 BOPD per well based on wells drilled last week and throughout 2015 within mile of lease Pricing is for 100% WI /75% NRI turnkey non op. Contact us if interested 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.
More InfoTX Non-Producing Oil Lease for Sale
210 Acres - no production or equipment - new 3 year term Channel Garnder Sands @ 4950' main payzone Estimated $340K AFE to bring old well online. Estimated 54 MBO in recoverable reserves in this well alone. 100%WI, 77%NRI Contact us if interested -ID 1141
More Info*SOLD* – 681 Acres STACKED PAY-ZONES
*SOLD* This lease is a very rare find with 681 contiguous acres in the heart of a multi stacked pay-zone area. This is the absolute best deal for acreage on the market today. This lease is cheap and will not last at this price! It is a complete steal on this acreage because one location could sell for this price in a normal market! Call me TODAY at the number below before its too late and you miss this opportunity!
More InfoTX Offset Drilling Program – last block
***STARTING BY DECEMBER 10TH*** 380 acres with existing disposal well and gas pipeline. Ran by Texaco in 1970’s Plan is to drill to the Marble Falls at 2,500’ and test this zone and multiple zones uphole Estimated 50-70MBO recoverable with production rate 50-80 BOPD Direct offset to lease with 9 recently drilled and producing wells. Team on those wells acquired for this prospect. Estimated Payout conservatively between 10-18 months and 5:1 - 15:1 ROI Price above for for 5%WI blocks @ 75%NRI before payout and 65.625% APO - only 1 block left Please contact us if interested in comprehensive information. 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.
More InfoMulti Pay Sands 2 Well Drilling Program – Offset
2 wells to be drilled on separate leases in- 460 acres Gardner, Morris & Fry Sand Payzone @ 5,000' Similar wells drilled by Operator in area this summer have paid out 1/2 of raise in less than 5 months Estimated 60 MBO per well. Ave 60 BOPD first year. Declines typical of sands Estimated payout under 15 months 20%WI available @ 76%NRI equivalent. Pricing above per point with minimum 2% purchase
More Info17 Operated Wells with Steady Income
Family selling ownership In 17 wells located near Eldorado Texas. Last 3 month’s net cash flow averaged around $20,000 per month. Low operating cost and shallow decline rate. Eight wells on rod pump and 9 on plunger lift. Gross production around 15 bopd, 10 bwpd and 130 mcfd.
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