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We are operators with thousands of wells behind us and we’ve got a good play we’re currently developing. 10,000 plus acre field. We’re offering non-op WI.
1. 9-15 zones per well have logged, cored and tested oil or gas above 4000′. Super Stacked Frio/Miocene.
2. 9 of these sands have produced in the past (6 mil bbls and 28 bcf from 31 shallow wells)
3. 6-30 month payout per zone per well. Maybe sooner. Dual completion potential in all wells. Easy verticals in Frio/Miocene sands.
4. Est reserves 100-200,000 bbls 500,000 MCF- 1 BCF per well.
5. Over-pressured oil and gas bearing shale with .71 pressure gradient at 6100′. Produced in past unfrac’d. Will not have declines of a normal shale.
If you’re interested give me a call at the number below.