EAST TEXAS OPERATED ASSETS
133-Vertical Wells. 9,400-Net HBP Acres.
NECHES FIELDANDERSON & CHEROKEE COUNTIES
Targets The Woodbine Formation
41-PDP Wells. 37-Undeveloped Locations
Low-Cost PUDs: $800,000/Well.
Average 99% OPERATED WI (77% NRI)
Net Production: 316 BOED (87% Oil)
Net NTM PDP Cash Flow: $5,400,000
Net PDP PV-10:
$19,000,000Net 1P PV-10:
$53,000,000BIDS ARE DUE ON JUNE 8, 2022
Deal ID: 1367329-Apr-2022