I am representing a seller that has 53.335 NMA in a prolific area where a conventional exploration program will start drilling shortly.
The acreage is located on the west side of the prolific Poplar Dome in Eastern Montana that Murphy Oil discovered in the early 1950s. There are wells still producing from the 1960s in the area.
Some of the highlights include:
1.3D Seismic Identified prospect with 3 to 4 wells planned on or near the perpetual mineral acreage.
The cards have been turned up and the
2. First well starts later this summer.This location is considered a lower risk - PUD
3. 4 to 5 conventional zones and unconventional Bakken under all.So many different zones to exploit once drilling starts including Charles,Amsden,Lodgepole,Bakken,Three Forks,Nisku,Madison and Red River formations.
4. Under-Explored area that has had oil production since the early 1950s
5.Some of the highest EURs for conventional wells under 7500 feet in the USA.
6. Permanent Perpetual Ownership not leasehold.
No expenses or liabilties with this ownership.
7.Foriegn Investors - Welcome
8.First well on these minerals is permitted and will be drilling shortly.
If you are looking for a hot area to play this Oil downturn .. this could be it.
The retired Chief of Exploration for Pennzoil says he has never seen so many prolific conventional and unconventional zones in a shallow area.( Consulting Geologist for the exploration program)
I also have more minerals and ORRI in this area.
Call me today and learn more about the excitement going on in this corner of NE Montana.
OIL AND GAS MINERALS ARE CONSIDERED SPECULATIVE AND CAN RESULT IN SUBSTANTIAL LOSS OF CAPITAL.
THIS MINERAL INTEREST IS FOR OIL AND GAS INDUSTRY PLAYERS THAT UNDERSTAND THE INHERENT RISKs AND REWARDs OF OIL AND GAS MINERAL SPECULATION.
Asking Price Between $100,000 and $500,000
Sales Available On Request
Profit Available On Request
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