Smackover / Barrnet Field/ Shut In
This is a closed-in well located in Clarke Co, MS. Partners and I re-entered the well and perforated the top 16' of the Smackover formation which had not been perforated before.You will see the workover report along with other material. We swab-tested for two days with the well was making a 30-40% oil cut, and a fluid rate of 278
barrels per day. At this rate, I believe we can make 70-80 barrels of oil per day, along with water.
I am looking for partners to take a 25% interest for $250,000. I can also do 5% interests for $50,000.
The funds will be used to finish out surface facilities and to get the well pumping. ATTENTION THIS IS NOT A SECURITIES OFFERING . THIS FOR SOPHISTICATED INDIVIDUALS IN THE INDUSTRY OF OIL AND GAS OR ACCREDITED INVESTORS ONLY!
Financials (USD)
Asking Price Not Disclosed
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