320 acres, 70% lease,Initial production est 600 bopd for 6- 12 months then flatline production of 250 bopd, 300mcf gpd. 7150 ft depth. 3500 - 4000 ft horizontal with 8 - 10 stage frac. 50,000 bbls fresh water & 2 million lbs of sand for frac. 8-12 mo payout. $62,500 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. Discounted price if 3% or more purchased.
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