Dallas Texas Gusher
Has 4 wells onsite. 2 oil producers, 2 shut in well.
We bought this lease from an operator that could not put necessary capital into maintaining and upgrading existing infrastructure. When the previous operator bought the lease and was running the oil well, he was producing about 45 BOPD.
well is making about 7--10 BOPD on average.
We are willing to offer 50% of the working interest. The NRI is 77%.
Potential for new wells to be drilled.
Financials (USD)
Asking Price Not Disclosed
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