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Location
Category
Description
New drill into Salt Dome field with lease already producing from 3 wells each doing 60-70 BOPD (not included)
Estimated 30 BOPD & 50 MBO in reserves per new well
Estimated ROI at 7:1 over well lifetime for single well
Operations set to start by end of month if not sooner
Spacing to drill at least another 20-40 wells on lease
Pricing for 10%WI
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