OKLAHOMA NON-OP & ORRI SALE
4-Wells.
GRANT, DEWEY & CUSTER
ANADARKO BASIN
Produces From Red Fork Formations
1.17% WI (0.93% NRI) In 2 Wells.
0.026% ORRI In 1 Well.
25% WI (19% NRI) In 1 Well.
Average Gross Production: 223.85 BOED
Average Net Cash Flow: $1,138/Month
AUCTION OCTOBER 18, 2022
PP 5977AU
| Onshore |
Land Base |
| Conventional |
Play Type |
THE OIL & GAS ASSET CLEARINGHOUSE - SIGNAL PETROLEUM CO
Deal Summary
Signal Petroleum has retained The Oil & Gas Asset Clearinghouse to assist in the sale of certain non-operated and ORRI assets in Oklahoma.
Non-op and ORRI package highlights:
-- Located in Dewey Co., and Custer Co., OK;
-- Holds an average 1.17% non-operated WI (0.93% NRI) in 2 wells, and 0.026% ORRI in 1 well;
-- Targets Red Fork formations;
-- Average gross Production (Jan-2022 to Jun-2022): 64.85 BOE/d (~94% gas and ~6% oil);
-- Average net cash flow (May-2022 to Aug-2022): $482/month;
-- Select operators: Mustang Fuel, and Tapstone.
Non-op package highlights:
-- Located in Grant Co., OK;
-- Holds a 25% non-operated WI (19% NRI) in 1 well;
-- Targets Red Fork formations;
-- Average gross Production (Jan-2022 to Jun-2022): 954 Mcf/d (100% gas);
-- Average net cash flow (Jun-2022 to Aug-2022): $656/month;
-- Select operators: Champlin Exploration.
To learn more contact:
The Oil & Gas Asset Clearinghouse
Phone: 281-873-4600
Email: sales@ogclearinghouse.com
