Large acreage position in prolific producing region  (75% Net Revenue Interest; 100% Operated WI).  14,000+ net mineral acres  (90+% HBP) 

Robust remaining proven (PDP Reserves = 3.7 MBOE).
1,130 nBOE/D (6-Mn. Avg.)
PDP PV10 $66,000,000.00 
Primary Targets: Wolfcamp D and Spraberry. 
Multiple existing de-risked locations identified through geological and petrophysical studies.

LOE: $ 8.95
Prod. Taxes: $ 2.48
DD&A: $ 11.46
G&A: $ 3.57 
300+ Remaining Conventional Locations (20 acre infill Secondary Development)

Production Results:
Average Initial Rate: 151 BOE/D (Average 30-day Rate: 127 BOE/D) 

Well Economics:
IP: 140 BOE/D
Working Interest: 100%
Net Revenue Interest: 75%
Drill & complete cost: $1.1 M

Summary presentation and PDP Projection (with asking price) provided to qualified inquiring parties. NO Brokers will be entertained and no introductory or "success" fees will be considered.

Posted Oct 15, 2016

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