We have a fully equipped deep well with surface equipment in place and ready for production.

This project includes recompletion of the well in one of 2 potential shallower payzones.

The well has 2 potential payzones behind pipe to be attempted. Recent nearby recompletions and drilling have been very successful (>50 bopd).

Working Interest is available in this project to a joint venture partner. We are experienced operators and will continue to operate the property.

$25,000 for each 10% Working Interest in the lease (approx. 160 acres), well and equipment, and workover. Up to 50% is available. We are retaining at least 50%.

At 50 bopd, net cash flow is approx. $40,000 /mo. ($4,000 per 10% Working Interest).

Posted Sep 1, 2016

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