Starts Friday – Offset Drilling Program – Est 30-50 bopd$ Protected

4000 Acre Lease with permitted SWD

Surrounding production and shut-in well on lease indicating presence of King Sand formation. (Shut-in well produced 9MBO but completed incorrectly by previous group)

Plan is to drill single offset well to 2,800’ to test and complete in the King Sand

Estimated 30-60 MBO recoverable with production rate estimates 25-50 BOPD

Estimated Payout conservatively between 10-18 months and 5:1 – 8:1 ROI

Price above for 1%WI @ 75%NRI minimum 2%WI purchase. First well in a 5 well program (first right of refusal on subsequent wells). WI Purchase after log may be available but subject to change.

15%WI available

Note: 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.

State: Texas

District: 9

County: Protected

Category: Investment

Property Owner Name: Protected

Phone: Protected

Property Owner Email: Protected

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Date Posted: Monday, April 22nd, 2019