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  • June 8, 2022 6:55 pm

”Latest: Power on site, #3 well online…will install pipe next week to tanks.

500 Acres with 12 wells (oil, injection, disposal)

Lease produced 1.75MMBO from 2006 to 2019. Single well IP 1800 BOPD in 2006.

Estimated 1.2MMBO recoverable remaining with production estimated between 200-500 BOPD

Plan to continue site cleanup, and bring back online all wells to produce at least 200 BOPD from lease.

Production could peak 300-500 BOPD

Estimated ROI +20:1

$25k per 1%WI…30 units – ONLY 12 UNITS LEFT!”

Overview

  • Category : Drilling Programs

Location

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