Kansas Lease in Production $195k Seeking JV Party
Kansas Oil Lease in Production
$195k - Seeking 50% Joint Venture Partner
• 160 Acre Producing Lease
• 9 Active producer wells
• 2 additional inactive wells
• 2 active SWD wells (plus an additional inactive well)
• Partner to receive at least 42.5% WI
• Fully Equipped: 3 x 100 Bbl Tank Battery, 1 x 100 Bbl Water Tank, Separator Tank, Pump Jacks and other equipment
• New shallow well to be drilled (already budgeted)
This producing lease in Neosho County, Kansas has been streamlined over the past 12 months with considerable work completed to develop a clean operating project that is now ready to move to the next stage. It is currently in production from multiple shallow wells (500 – 700 feet) and we plan to now do some new drilling to really establish this project. Additional upside opportunity for additional wells and further development.
Financials (USD)
Asking Price $195,000
Additional Details
Onshore / Offshore Onshore
Acreage 160
Production Yes
Interest Type WI
Operator Yes
Is Seismic Available? No
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