5 Wells currently producing 4-5 BOPD, with 3 non producing and 1 disposal well located in Sharonridge (1700′) This is Shallow production that is turn key start getting return on your money instantly. 1 location for a re-drill well was producing 3.5 BOPD when plugged, lease has own disposal well (another company currently take the water no charge). Shallow production with very inexpensive operating cost. Plenty of upside to this lease. You could clean out well bores and do small acid jobs and see an increase of 3-6 BOPD. The 3 non producing wells can be put back on production simply by running string of rods, tubing. There are a total of 5 leases with the current producing leases average out at 82% NRI.

