Thirty-Seven (37) Wells (100% Operations)

This offering consists of actively producing oil assets yielding approximately 13 barrels per day. Included are two saltwater wells and a 70% Net Revenue Interest (NRI). Natural gas from these wells can be marketed with minimal added expense through an established chemical treatment program, which presents an additional revenue stream for operational costs. The current owner is seeking to divest due to retirement.
Conveniently situated in North Louisiana, this well-maintained lease is fully operational, with year-round road accessibility. The property encompasses 1,600 acres with potential for sub-leasing, allowing further drilling within the lease's depth rights. Current market rates for new leasing exceed $1,000 per acre plus associated bonuses.
Additionally, there is considerable potential to leverage natural gas production for powering cryptocurrency mining operations, generating both rental income and equity in cryptocurrency assets. The lease rights include the possibility to drill additional wells across the 1,600 acres. Reworking the three horizontal wells in the Fredericksburg formation may yield up to 200 barrels of oil per day per well.
Operating expenses are estimated at approximately 30%. Based on current oil prices, projected average net revenue exceeds $20,500 per month from oil sales, with total potential revenues surpassing $250,000 per month.