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
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 UpDealStream Awards & Reviews
