Two (2) Wells (100% Operations)
Estimated output is 9.5+ barrels of oil per day from Mooringsport formations at 3,800 feet; including an inactive saltwater well. Operator number can be used under agreement. 75% NRI royalty. Additional acreage is available for drilling. Located in East Texas, wells are low maintenance, close together, and on time clocks. Operating costs are roughly 30%. Potential net revenue averages $7,000+/month at current prices.
Financials (USD)
Asking Price Not Disclosed
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