*SOLD* Central TX Oil Lease for Sale$ Protected
*SOLD*
7 acres – 20 acre spacing – room to drill 2 new wells. First well location recommended by Seller/Geologist
Single shut-in well drilled in 2000 produced 2600 barrels (10 BOPD) in Canyon Sand until Sept 2001
Rights to depths to 4,200′ – Swastika and Canyon Sand
Estimated reserves of 30 MBO in Canyon Sand at 4,000′ per new drill
100%WI at 78%NRI for $25K – renews 2 year lease
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.
*SOLD*
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