Drilling 2,300' into 84 acre lease (2 acre spacing) with 4 producing wells.
Site prep completed. Drilling to start by end of November.
Estimated 30MBO in reserves in single well
Estimated 40 BOPD with 12 month payout and 4:1 ROI at $40 oil
First right of refusal on subsequent wells already mapped
20%WI available at $88k or $4,400 a point - minimum purchase of 3% ($13,200)
Contact us for additional information.
This is not an offer to buy or sell securities. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions.
Asking Price Available On Request
Sales Available On Request
Profit Available On Request
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