Oil and Gas Well Trader

New prospect - Registered Representative

Location
Texas
County
Scurry / Mitchell
Formation
Strawn
City
North of Abileen
Copmapny name
Big K Energy Partners One LTD
Selller
Justin Lewis
Description
70% lease,250 bopd, 300mcf gpd. 7150 ft depth. 3500 - 4000 ft horizontal with 8 - 10 stage frac. 44,000 bbls fresh water & 1.2 lb of sand for frac. 12-16 mo payout. $67,500 per 1%. Can be broken down to as low as a 1/4%. 100% tax write off over 3 year period.Offset to Texaco Ison vertical well. Possible discounted price if acted on before Mid December.

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