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Central TX Oil Lease for Sale

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jmmink
Published 08/20/2014 - 12 years ago
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Location
TexasDistrict 05Hopkins
Category
Well/Lease
Description

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.

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Central TX Oil Lease for Sale