Over 90 Wells (100% Operations)
Production is 16-17 barrels of oil per day, with wells drilled since 1960. Gas output is 45 mcf/day at no lifting cost. The Chalk formation generates about 100 barrels of salt water daily, managed by two disposals. Features include a small shop, seven stock tanks, and all roads are sand-accessible. Lease has a 76% NRI, and there’s potential to boost production across 40+ acres. Currently, 40-50 wells produce, with another 40 that could be activated or hooked up for gas. Operating expenses are roughly 30%, with average net revenue at $25,500/month at current prices.
Financials (USD)
Amount Sought Not Disclosed
Deal Terms
Offering Memorandum Or Prospectus Available? Available On Request
Willing To Pay Finders Fee? Available On Request
Willing to Co-Broker? Available On Request
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