Description

We have 16 Oil wells in Texas.

We are offering 1% - 50% Working Interest.
1% Joint Venture Partner would invest $5,500
50% Joint Venture Partner would invest $275,000

We are also willing to sell all 16 Oil wells/equipment for $550,000
All wells are fully equipped.

100% WI
8 Wells we own 80% NRI
8 Wells we own 40% NRI (Previously owned and drilled by the major corporation "Texaco")

6 wells have been reworked with production of 30-35 Barrels of Oil Per Day before we shut them in due to low Oil prices. We are gearing up to head back to Texas to turn on the 6 wells and start reworking the remaining 10 wells. All funds raised will be used to rework the remaining 10 wells.

Posted Aug 30, 2016

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