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