As of 8-18-2016 a Virtual Data Room is available for the below described oil and gas mineral interests, pending execution of a confidentiality agreement.

Bids for this mineral package are due by September 15, 2016. Contact for additional information.

Texas Panhandle Mineral Interest
Potter & Carson County, Texas

Seller: Historic Texas Family (Disclosed after CA)
~ 77,000 Gross Acres, ~ 15,000 Net Mineral Acres
Two primary operators

Canyon Lime
6 wells producing
4.17% to 4.95% Royalty Interest
Current PDP Net Cash Flow (July ‘16): ~$30,000/m
PV5: $1,095,130

Potential Future Development Upside Value
~470 Potential HZ Locations Identified (@ 4 Wells / Sec.)
~$470,000,000 (Potential Future Net Cash Flow)
Lessor has agreed to certain drilling obligations on the leasehold.

3D Seismic has been shot over the majority of the acreage to help high-grade locations and optimize performance of future drilling.

ERT Field (Pennsylvanian)
4.505417% Royalty Interest
July ‘16 Net Production: ~5 BOPD
PV5 of $1,217,660
July ‘16 Est. Cash Flow: ~$7,000/m

Posted Aug 24, 2016

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Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.