oil & gas assets
Simplex Energy Solutions LLC Drilling Prospects & Ventures

DV 5950 ACTIVE DEAL

Drilling Prospects & Ventures
* All Standard Disclaimers Apply & Seller Rights Retained

PERMIAN ASSETS FOR SALE

~3,840-Gross Acres
LEA COUNTY, NEW MEXICO
~26.8% to 30.6% WI (20.1% to 23% NRI)
Avg Gross Prod (Jun - Aug): 950.5 BOED
Avg Net Income (May - Jul): $429,411/Mn
PDP PV-10: $10,900,000
DV 5950

Onshore Land Base
Unconventional Play Type
SIMPLEX ENERGY SOLUTIONS LLC - G.O. BASIC ENERGY I LLC

Deal Summary

G.O. Basic Energy I LLC has retained Simplex Energy Solutions LLC to assist in the sale of certain non-operated Permian Basin assets in New Mexico.

Highlights:
-- Located in Lea Co., NM;
-- Covers ~3,840 gross acres;
-- Holds 26.8% to 30.6% WI (20.1% to 23% NRI);
-- Average gross production (Jun-2022 to Aug-2022): 950.5 BOE/d (~87% oil and 13% gas);
-- Average net income (May-2022 to Jul-2022): $429,411/month;
-- PDP PV-10: $10.9 million and PUD PV-20: $34.7 million.

To learn more contact:
Mr. Karl Reiter
Phone: 432-683-3791
Email: kreiter@simplexenergy.com

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.