FOR SALE or LEASE
4-5 wells capable of producing an estimated 3-5 bopd with the upside potential of 20-25 bopd if re-worked.
NRI is an estimated 81.25%
Located across multiple sections in 17N-12E and 17N-13E
Oil and gas lease(s) currently HPB
The 20-25 non-producing wells may have potential to produce if properly re-entered /reworked, opinioned to produce an estimated 2-5 bopd per each re-worked well. Succession rate could be as high as 45%.
A-340; 2 tracts, 1 leased
21-20N-13W; Flaming 1-21
9-8N-18E; Graves D-1
Leased by: TS Dudley at 3/16
5 and 8-36N-73W
1-21N-3W 53 ac. producing $1500/mo
26-22N-3W 160 ac. Unleased
1-21N-4W leased @ 3/16
226 total NMA