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Callahan Co. TX Oil Lease for Sale - 3 BOPD

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Texas

Business Description

Highlights:

* 3 wells doing 3 BOPD with 2 injectors

* 60 acres - 2.5 acre spacing

* Callahan County TX - Tannehill Sand and King

* Cost to D&C single well @ 1500' estimated at 60K with equipment. Produce up to 8 - 20 BOPD per new well

* $14K in equipment replacements (traditional equipment) could bring lease to 5 BOPD

* Ops or non-ops - can help raise funds to drill new wells if non-ops

* $220K for 77.5%NRI (22.5% Royalty)

* Operator can stay on your behalf if needed

Please contact us for more information.

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.

Listing Info

BizQuest Listing ID:
1135451
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387
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Business Listed by
John Mink
Knik Energy LLC
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