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Young County 2 Lease Rework Program

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jmmink
Published 01/21/2016 - 11 years ago
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Location
TexasDistrict 03Waller
Category
Investment
Description

Lease currently producing 5 BOPD from 2 wells

Plan is to come uphole on both wells and perforate new payzone and create an injection well from an abandoned well

Estimated 80MBO in reserves in new zone with IP rates around 35 BOPD combined

Estimated payout less than 2 years on $40 oil

30%WI made available (75%NRI) in wells. Pricing above is for minimum purchase, 5%WI.

Please contact us for more 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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Young County 2 Lease Rework Program