Rework single well currently producing 2-3 BOPD.
200 acres – 6 other wells for consideration in various zones.
Estimated 100 MBO in reserves for single rework.
Liberty Co TX – Merchant/Hull Fields – Yegua Salt Domes.
Estimate production of 30 BOPD once reworked.
Payout less than a year with ROI above 15:1.
5%WI blocks for $25K @ 74%NRI per WI point. Funded enough to start. Have 20% WI remaining
ID 1104.
Please contact us for 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.
Re-entry into gas well that produced 4.6 BCF & 70 MBC until 2008 (shut in).
Estimated 1.3 BCF & 56 MBC in reserves remaining.
Payout on Phase I in 12 months, 4 months on Phase II.
$21,000 per 5%WI block for Phase I @ 74%NRI – 5%WI available.
Note: Must participate in Phase I for Phase II option. Phase II estimate is $23K for 5%WI block.
Contact us for more 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.
Plan is to convert an injection well back into oil and drill 3 shallow wells.
60 acre lease with 2.5 acre spacing.
3 wells doing 3 BOPD with 2 injectors.
$20K to convert an injection well to oil could bring lease to 25 BOPD.
Cost to drill and complete single well @ 1,500′ estimated at $90K.
Well on lease back in the 1950′s produced +40 BOPD before shut-in in 1970′s.
Production estimates 8 – 20 BOPD per new well
Estimated payout under 1 year under low performance projections.
65%WI remaining @ $23.5K per 5%WI block @ 75%NRI.
Please contact us if interested in more 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.
We are looking for a few partners to help develop a checkerboard on 500+ acre lease which has produced over 2 million barrels oil from NW/4 of property. The remaining acreage was never developed. 9 wells on property now. Have 8 pays which have produced with 3 more never tested. $16,500 minimum investment.
Well over 1,000 acres available for lease in two counties of the Cline Shale region. Drilling activity is picking up in this area. Other formations have been highly productive in this area as well.
Contact me for more information and legal descriptions.
Great potential location for commercial SWD facility in Cline Shale area. This property is located on a major highway. Three phase electricity is available. Minerals are available for lease on this property as well.
Contact me for more information.
