oil & gas assets
THE OIL & GAS ASSET CLEARINGHOUSE Producing Properties

PP 0865 ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Permian Basin
Area West Texas (RRC #8 FW)
Posted13-Sep-21
Confirmed13-Sep-21
Offer30-Sep-21

Owner

Undisclosed Seller

Contact

THE OIL & GAS ASSET CLEARINGHOUSE
Mr. Tyler Post
FF
1235 N Loop W Ste 500
Houston TX 77008
Phone: +1-281-873-4600
 

Regional Listings

PERMIAN OPERATED PROPERTY

64-Wells. 1,500-Net Acres.
WINKLER & CRANE COS., TX
Produces From Grayburg, Queen,
Clearfork & Devonian Formations
Holds Average 98% WI (76% NRI)
NTM PDP Cash Flow: $660,000
NTM PDP Cash Flow: $660,000
PDP + PDNP PV-10: $2,700,000
Re-Completion Opportunities In
The Glorieta A & B Formations
BIDS ARE DUE SEPTEMBER 30, 2021
PP 0865

Onshore Land Base
Conventional Play Type
THE OIL & GAS ASSET CLEARINGHOUSE - UNDISCLOSED SELLER

Deal Summary

The Oil & Gas Asset Clearinghouse has been retained by a private undisclosed seller to assist in the sale of operated assets in Texas.

Highlights:
-- Located in Winkler Co., and Crane Co., TX;
-- Covers 1,500 net acres;
-- Holds average 98% WI (76% NRI);
-- Produces from Grayburg, Queen, Clearfork and Devonian formations;
-- Includes 64 wells (41 active);
-- PDP + PDNP PV-10: $2.7 million;
-- Gross Production (Jun-2021): 76.67 BOE/d (91% oil, 9% gas);
-- NTM forecasted PDP cash flow: $660,000;
-- Holds re-completion opportunities in the Glorieta A and B formations.

To learn more contact:
Mr. Tyler Post
Phone: 972-736-5814
Email: tpost@ogclearinghouse.com

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.