Owner of oil and gas leases with 8 wells in East Texas seeking a partner to work over the wells and put these wells back online. All wells are 3,800 ft deep. All wells are fully equipped. After workover the estimated production will be around 40 BOPD. Oil price at $40.00 per barrel, the payout time is less than 14 months.
Seeking $150K for 50% partnership.

Posted Sep 2, 2016

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