TEXAS OPERATED SALE PACKAGE
133-Wells. Covers 8-Fields. 43-Leases.
PRIMARILY IN WINKLER COUNTY
ALSO IN ANDREWS COUNTY
Yates, Seven Rivers, Queen, Colby,
San Andres & Reef Formations
Holds 100% WI In 41 Leases.
(80-87.5% NRI In 23 Leases)
Average 8/8ths Production: 393 BOED
Average Net Income: $735,924/Month
BIDS ARE DUE ON SEPTEMBER 1, 2022
PP 5442
Onshore |
Land Base |
Conventional |
Play Type |
PERMIAN ENERGY PARTNERS - STOUT ENERGY INC
Deal Summary
Stout Energy Inc has retained Permian Energy Partners LLC to assist in the sale of certain operated conventional assets in Texas. Seller will entertain partial offers.
Highlights:
-- Located primarily in Winkler Co., TX and also in Andrews Co., TX;
-- Covers 8 fields containing 43 leases;
-- Holds 100% WI in 41 leases (80% to 87.5% NRI in 23 leases);
-- Targets the Yates, Seven Rivers, Queen, Colby, San Andres, and Reef formations;
-- Includes 133 wells (70 active producers and 13 injectors);
-- Average 8/8ths Production (Mar-2022 to May-2022): 393 BOE/d (~98% oil and ~2% gas);
-- Average net income (Feb-2022 to Apr-2022): $735,924/month;
-- Low operating costs and revenue to expense ratio of 8:1.
To learn more contact:
Mr. David Fowler
Phone: 432-664-0481
Email: David@permianenergypartners.com