We are the Principal Owners are looking to sell and or JV our oil lease has 45 wells, 26 of the Wells are our prime objective to rework, we have a 51-101 Audit Report which shows lots of oil. Wells are no deeper than 2500' per well. Sale price with JV is $1.5Million. We will operate unless you are an operator, then you could operate the lease.
$1.5 million includes sale price and rework and getting the property into production. We strongly feel this lease should do between 80 BOPD to 100 BOPD. Please contact us if interested. We are the Principals, and we only work with Principals.
Asking Price $1,500,000
Sales Available On Request
Profit Available On Request
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