MIDLAND WELLBORE-ONLY ASSETS
54-Active Producing Wells.
UPTON & REAGAN COS., TEXASTargets Devonian, Fusselman, Strawn,
Wolfcamp, & Spraberry Formations
86.3% OPERATED WI (Avg 64.5% NRI)
Forecasted Net PDP Prod: 503 BOED
Net NTM PDP Cash Flow: $7,000,000
Net PDP Reserves: 2.017 MMBOE
PDP PV-10:
$24,400,000Upside Includes 27-RTP Candidates, &
Numerous Behind Pipe Potential Wells
BIDS ARE DUE ON MAY 17, 2022
Deal ID: 1365621-Apr-2022