We own the prospects 100% and can work with most money directly to the field on a cost + basis or sell the deal outright with geology and development plan.
Do you own or want your own deal?
Several prospects, leases in hand, proven production from existing wells needing rework and infill locations.
Average project cost- $1,000,000
200,000+ BO Recoverable per prospect
Vertical conventional “easy development”.
Injection at each prospect with productive wells needing fracture treatment.
Total reserves 1.75+ Million Barrels recoverable “mostly behind pipe”.
Frack 10-producers drill 7 new wells 2,500’-4,000’ in stacked pay.
Once all up, reserves should increase and daily production potential exceeds 1,000 BOPDE.
EST. NET $1,250,000 monthly (less royalty & opex @ $60 oil).
Total Combined AFE $5.5 MM (+/-)
Operations negotiable, can sell outright, operate, or stay on to consult for you as operator, a deal can be reached.
Have our own work-over rig, and driller is ready as drilling is slow in our area of interest. Work-over is the area play at present.
Generational oil industry management with more than 50 years upstream experience.
I have nothing but Cherry Picked prospects from decades of experience and want to see them developed.
The above prospect outline, is the tip. The big picture of prospects is 10x the above with land acquisitions.
