Permian Basin Oil Deal In Texas
Delaware Basin Acquisition Summary
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Our firm presents certain operated assets in the Delaware Basin consisting of a total of approximately 1000 gross acres (400 net) with two separate lease blocks. Gross pay thickness in the Wolfcamp B formation is between 1200 to 1500 ft. thick.
Net production in April 2023 was approximately 1500 BOE/Day.
Estimated Proved Reserves is 4.2 MMBOE
PDP reserves approximately 2.4 MMBOE
Current PDP reserves 2.4 MMBOE
PV10 on PDP approx $31 MM
4 add’l Wolfcamp B locations
Financials (USD)
Asking Price Not Disclosed
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