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Category
Description
6 – Shallow (4600’) Oil Prospects defined by 3D Seismic in highly oil productive Jackson-Yegua Trend. Multi-Million Barrel Oilfields in Immediate Area. Multi-pays in Same Wellbore, Reasonable Lease Bonus Costs.
Estimated Reserves: 1.37 MBO (Main Pays – 6 Wells)
Prospect Validation: Down-dip Oil shows
Lease Acreage Required: 500 acres (Multiple Tracts)
Comments: Low Risk w/3D Seismic
Terms of Sale: Cash & 1/32 of 8/8ths ORRI (Subject to Prior Sale)
PRINCIPALS ONLY – NO BROKERS!
$1,500.00 PRESENTATION REVIEW FEE (APPLICABLE TOWARD PROJECT SALE DEPOSIT)
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