Production Opportunity: 10% Net Royalty Perpetuity
A robust staff of seasoned oil and gas veterans with decades of combined experience that include a Geologist, Petroleum Engineer and Land Manager. This small, talented, and multi-faceted team is well prepared to capitalize on a "shallow" field in TX. A 10% Working Interest (WI) participation include drilling costs for 2 new horizontal wells. Potential to drill up to 20 new wells.
We have room for one (1) investor to participate in a 10% net royalty in perpetuity for $800,000 USD.
This project is limited to Accredited Investors Only.
Project Overview & Economics are available upon request
Financials (USD)
Asking Price $800,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Cattleman Formation
Acreage 4,000 Acres +/-
Production Production Economics are available upon request
Reserves 12,000,000
Interest Type Working Interest (WI)
Cash Flow $100,000.00 /month +/-
Operator TBA
Is Seismic Available? Yes
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign Up

