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Multiple well candidates from operator who recently purchased leases.
Estimated 8-10 BOEPD after rework – 5-6 years of production.
Untested Marble Falls payzone at 5,000’
Operator has reworked 4 wells in past 2 months for participants: First well IP 24 BOPD now settled in at 8 BOPD, next wells have averaged 12 BOPD.
50%WI (37.5%NRI) per well at price above – Operator will guarantee 3 BOEPD within 90 days of completion or compensate with equivalent in producing wells.
ID 1165
Please contact us if interested.
This is not an offer to buy or sell securities. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions.