About 39 Wells (100% Operations)
Production averages about 4 barrels of oil per day, with wells yielding between 0.25–0.5 bbls/day since the 1960s. Salt water is disposed via wells or transferred under agreement. The properties consist of five low-maintenance leases, mostly over 75% NRI, in North Louisiana. Operating expenses are around 30%, and net revenue averages $5,300/month at current prices. There is potential to boost production through well activation or new drilling on lease acreage.
Financials (USD)
Asking Price Not Disclosed
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