Seeking Permian Basin Asset
Investor is interested in acquiring high-quality drilling leases in the Permian Basin, specifically seeking proved reserves of at least 1 million recoverable barrels, ideally with existing production from one or two wells. The investor is prepared to pay between $500,000 and $2,000,000 for these assets and aims to expand the project to over 10 wells if the initial investment is successful, with a potential for larger future investments.
If successful on first deal, investor will invest more capital for larger investments. Investor has the ability to go much bigger after an initial project.
Contingent on meeting investor requirements, this deal can close quickly.
Financials (USD)
Maximum Amount Not Disclosed
Additional Details
Fees Payable Sliding Scale
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