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Last 5%WI – TX Single Drill Program – Estimated Payout 8 Months

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jmmink
Published 09/16/2014 - 12 years ago
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Category
Investment
Description

Single new drill into Salt Dome field with lease already producing from 4 wells for a combined 158 BOPD

Estimated 75 BOPD & 75 MBO in reserves for new well

Estimated payout under 8 months (60 BOPD) with ROI at 7:1 over well lifetime for single well

Operations set to start by end of August if not sooner

Spacing to drill at least another 25 wells on lease with multiple payzones

Pricing is per 5%WI which is minimum requirement. 60%WI available on 74%NRI

Please contact us for 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.

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