Opportunity Operated WI in the Roanoke Oil Field
Business is offering investors and operators the opportunity to acquire a light oil, onshore mature field with stable production, existing infrastructure, and a clear inventory of low-risk projects that can increase production in the short term.
Asset Overview
- Operating WI in 6 wells - 100% WI
- 72% NRI
- Avg. Production
- 2 Producers, 2 additional wells requiring workers, 1 SWD an 1 wellborn ready for SWD conversion.
- High Quality Miocene Sands
- Dry land location
- 2 Producing wells are on unidraulic pump, infrastructure and facilities in-place
Key Points
- Attractive land based producing property
- Exceptional value creation with Low Risk work that over's that add significant upside
- Remaining behind pipe pays
- Extensive infrastructure already in place
Financials (USD)
Asking Price Not Disclosed
Converted From MXN
Exchange Rate $0.06
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Miocene sands (including Miocene 4, Miocene HET) and Camerina 3
Production +/- 20 BOPD
Reserves 374,165 BO
Interest Type 100% WI / 72% NRI
Operator MVM RESOURCES LOUISIANA LLC
Is Seismic Available? No
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