Multiple leases with gas and oil wells either marginally producing or shut in
Plan is to "cherry pick" the best wells to rework / re-enter in order to flip for profit in less than 6 months
Leases above 75%NRI
Wells located in Central TX in shallow formations (and 1 lease in Permian)
Operator has performed this approach with many investors over a decade with success.
$30k for 12.5% WI or $110 for 50/50 split
300 acre lease in Central Texas
3 wells drilled in the 60's...single well producing
#1 well online for 8 months doing about 1000 barrels a month
Expenses around 5%
$450k for 100%WI/75%NRI
3200 Acre leasehold producing 64 BOPD from 34 wells
Plan is to purchase leaseholds and rework producing and non-producing wells to conservatively double production for Phase I.
No workover payout estimated at 26 months
Workover payout estimated to double production is less than 16 months
Operator has extensive leaseholds, experience, and production in area.
$1.6MM for third for a quarter....$100k per block – (can break up)
Working interest in a single well in TX (75%NRI) managed by an operator I’ve known for years
70-100 mcf of gas a day
Estimated $3500 a month net @ $2.50 per mcf doing 80 mcfpd
Typical operating expenses around $500 a month.
$33k for 50% working interest
Operator to drill 10 wells to the New Albany Shale to test shallow vertical depths (less than 5,000’) with 1800’ Hz legs
First and second well already drilled, awaiting completion on first
Shale is NATURALLY FRACTURED...estimated 3-4 stage fracking upon good test
Estimated payout of wells of less than 5 months @ $54 oil in shale alone
Estimated monthly break-even is at $20 BO in shale alone
Estimated 5:1 to 15:1 ROI over well lifetime
Natural gas reserves (in contract phase) for added value
Operator has 90% success rate drilling in the Basin
$15k per 0.125% WI Point @ 85%NRI
$28k per 0.25% WI
$106k per 1%WI
Operator to drill 2 vertical wells on 440 acres. Primary target is Waltersburg Sandstone with potential secondary targets.
Shallow vertical depth (less than 3,500')
Surrounded by production in same target zones
Estimated 70-100 BO IP per well
Estimated payout of wells <8 months @ $54 oil on primary target
Estimated monthly operating break-even is at $20 BO
Estimated +3:1 ROI over well lifetime in primary target zone
Operator has over 90% success rate drilling in the Illinois Basin
Operator in business since 1984
$50k per unit (3.41%WI) @ 80%NRI
22 Units available
Company with solid book into both oil and gas and solar/wind industry (actually did better this year than last)
Fleet vehicles and contracted labor with solid distribution and back office
Low Debt to Income Ratio
Contact us for direct information with NDNC
Lease has produced over $5,992,000 net of severance taxes since 2014
Drill location in sight of wells that flowed _water free_ for 2 years before going on pump in target payzone.
Depth target of 3,800+. Rights to all depths.
Payout estimated between 12-18 months conservatively.
1/8th remaining @ 75%NRI. Can purchase down to 1/64th for $8,200 drill, test, complete.
These are 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.