*SOLD* Last 5%WI – TX Single Drill Program – Estimated Payout 8 Months$ Protected
*SOLD*
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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