4 Gas Well Project - 3+ BCF potential - 10mo ROI
Oil & Gas Property Details
4 Gas Well Project - Van Zandt Co, East Tx.
15% Working Interest for $300K (4 wells are 75% NRI)
3 Active producing gas wells, 1 new well expected completion Jan/Feb
New well (Davis) expected to produce 2-3+BCF over next 5-6 years plus current production from active wells (Davis well cost $2.3M)
Transparent owner/operator setup/experienced in E Texas - direct access to owner/weekly project updates/production reports/etc.
10 month ROI, expected 3-4x return over 6 years with potential exit plan after 4 years
ROI/return calculated off $4.25 MCF pricing
Financials (USD)
Asking Price $300,000
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