Jones County Oil and Gas Leases
Selling two leases in Jones County. One lease is producing and HBP holding all depths. 255 +/- acres, 78% NRI, 100% WI. Low maintenance lease that with one well that makes minimal water and low operating expenses. Producing from the canyon sand with a strawn sand show on the mudlog.
Seller also owns 99% leasehold in adjacent 240 acre tract, with leases at 80% NRI. Leases have more than a year left on their 3 year primary terms and also include an option to extend for an additional 2 years.
Lease block borders Petro Hunt acreage and is in close proximity to Petro Hunt's horizontal strawn sand test well. The HBP lease and the non-producing leases in primary term can be packaged together or sold separately.
* All information regarding ownership interests and acreage is provided for general informational purposes only. While the seller strives to ensure the accuracy of the details presented, we do not guarantee or warrant the completeness or reliability of this information.
Financials (USD)
Asking Price Not Disclosed
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Eastern Shelf - Permian Basin
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