Description

5 Well Turnkey Oil Well Drill Program in Appalachian Basin available with good oil potential on proven oil field containing the Richburg/Bradford Sands Group/Waugh & Porter pay zones.

Turnkey price for hydro-fracked and completed wells is $90,000 per well. 20 units are available at $22,500 per unit for a 5% Working Interest and 4% Net Revenue Interest per unit.
This is a real bargain at about half the price of other 5 well drilling programs which offer 5% WI/ 4% NRI.

*Half the price of typical 5 well drilling programs offering 5% WI/4% NRI.
*Shallow, Hydro Fraced wells with very good EUR of 50,000 BO per acre.
*High Oil Saturation, low water saturation + good porosity.
*Permitted water disposal on site which saves $7 per BO.
*Quick payback of initial investment within 11 - 16 months based on $50 BO.
*High grade oil with average API of 42 degrees.
*Driller/Operator has over 40 years experience in oil business.
*Lowest AFE cost per well in the business for new, completed oil wells.
*Surveyed well sites are available for primary/secondary oil potential.

We invite you to understand more about how shallow wells can create diversity, and cash flow within your portfolio, at today and future oil prices. Indeed we can outperform most all asset classes.
For more information on our current projects and or about us in general please feel free to email or call us anytime. We look forward to hearing from you.

Posted Jul 22, 2015

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