PERMIAN CORPORATE SALE
75-Wells. 3,720-Gross HBP Acres.
LEA & EDDY COS., NEW MEXICO
Upside In Wolfcamp, San Andres, Strawn,
Morrow & Cisco Formations
99% Operated WI (75% - 87.5% Avg NRI)
Current Gross Production: 234.5 BOED
Current Cash Flow: $400,000/Month
Undertaking Workover & Clean-Up Program
With Plans To Streamline Units / Leases.
Associated Shop & Office Along With
Cash Bonds Can Also Be Purchased.
CONTACT AGENT FOR MORE INFO
CO 6085PP
Onshore |
Land Base |
Conventional |
Play Type |
CREDIBLE ENERGY RESOURCES LLC - ROUGHHOUSE OPERATING LLC
Deal Summary
Roughhouse Operating LLC is up for sale and has retained Credible Energy Resources LLC to assist in the sale process.
Roughhouse Operating operations overview:
-- Located in Lea Co., and Eddy Co., NM;
-- Covers 3,720 gross HBP acres;
-- Holds 99% operated WI (75% to 87.5% average NRI) in 75 wells;
-- Current gross Production: 234.5 BOE/d (~77% oil and ~23% gas);
-- Current cash flow: $400,000/month;
-- Upside potential in Wolfcamp, San Andres, Strawn, Morrow, and Cisco formations;
-- Undertaking a workover and clean up program along with plans to streamline units/leases to maximize production and minimize equipment failures and brine disposal expenses;
-- Associated shop and office along with cash bonds of $200,000 can also be purchased/leased.
To learn more contact:
Mr. Reid Marley
Phone: 817-879-6877
Email: reid.marley@gmail.com