Description

Fifteen (15) wells located in the prolific Salt Flat field in Caldwell County Texas very close to the infamous Salt Flat fault system. This lease had over $350,000 spend on it recently with new secondary electric, flow-lines, tankage, and more. This is a perfect candidate for a water-flood and lots of unperforated zones in the Chalk that should great potential with small acid jobs or fracks. The proper application and infrastructure should have substantial production with a very low lifting cost. You won't find a better value for the money in todays market.

Posted Apr 15, 2016

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