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Location
Category
Description
Single horizontal well recently drilled in the heart of the Permian Basin. Frac complete…doing +400 BO and retrieving water and frack fluid.
Estimated +1800 BOPD IP in Wolfcamp “A” (surrounded by similar or better producing wells) with other zones behind pipe on 360 acre lease
Payout estimated around 16 months
1/8th carry (12.5%WI) with acreage for Price above. Heads up on drilling second well (AFE for 100%WI @ $10MM)
ID 1187
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