ASSET SALE, TAKING OFFERS, +175 bpd +200mcfpd$ Protected

Small producer with just under 250 Wells and about 55 leases, spanning from Snyder to Orla, with the bulk in Winkler, Ward, Reaves, and Loving Counties.

This Package was sold September 2023 for 12 MM and had to be seized by selling party for buyer breach of contract. We have begun work to return production to pre-sale levels but are motivated to sell “as-is.”

Various trailers and extra equipment. Single-Double Pulling unit, Water hauling truck and trailer, can be included at right price.

Lease NRI varys but all range from 75% to 80% NRI and WI is 100% on all but 2 leases.

Currently holding and drilling rights in around 1100 acres unrestricted deep rights (Bone Springs, Wolfcamp, etc.) and about 4500 acres in shallow play with limited restriction, both in very active fields.

Conservatively speaking, this package is easily capable of +200 bpd with repairs alone.

Fresh Engineering Report/Valuation in hand as well as all financials.
Full deck available upon request.
Massive amount of production equipment (Tanks, separators, pumping units, tubing, injection and transfer pumps, etc.)

Leases can and probably will be parted out but can be bought as a whole with quick close.

Extremely rare chance to pick up very, very profitable assets with low liability at well below $/Flowing barrel.