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***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.