29 Oil & Gas Wells In Seminole And Hughes counties
A package of 29 producing wells and one SWD in Seminole and Hughes Counties, OK, primarily producing from the Hunton Limestone with stacked pay and behind-pipe upside in the Wilcox Sands and Viola. Making 40 bpd oil and 300 mcf of gas per day 1400 BTU. Wells are tightly clustered, offering operational efficiency, and include a Cromwell SWD. The assets are being marketed due to prior operator mismanagement, not reservoir underperformance. Complete well files, logs, and historical data are available, supporting thorough technical evaluation. The package is offered with 100% working interest and net revenue interests ranging from 76% to 82%, along with a favorable strong gas sales contract, enhancing near-term cash flow and economics. Asking $1,400,000. Willing to negotiate/fire sale with right offer.
Financials (USD)
Asking Price $1,400,000
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