Eighteen (18) Wells (100% Operations)
Estimated production is 3–5+ barrels of oil per day with four inactive wells and a saltwater well included, all in Chalk formations. Operator number available under agreement; royalty is 75% NRI. Production can increase by activating more wells and replacing worn pumps. Additional drilling acreage is available. Located in North Louisiana, operating expenses are about 30%. Potential net revenue averages $4,250+/month at current prices.
Financials (USD)
Asking Price Not Disclosed
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