Shallow Permian Single Well WI for Sale – in Completion$ Protected
Single vertical well to the Yates Sand in Permian Basin (3,000′) drilled and logged. N2 treatment starts 4/5/17
100 ft of pay. Perforating 8 stringers
Estimated 100-200 BOPD IP with 20% decline
Estimated EUR of 130-260 MBO with 10% water cut
Estimated payout under 12 months with conservative production
Rights to purchase WI in this well once producing for 3 months and subsequent wells, including horizontals
10%WI remaining for price above @ 7.3%NRI – will consider selling 5%WI block at slightly higher price per point
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