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Location
Kansas
County
Douglas
Formation
Squirrel
Year Put Into Production
2010
Percentage Owned
12.50 %
Approximate Cashflow Per Year
$ 30000
Approximate Cashflow Last Month
$ 0
Description
The vinland oil field currently contains a prolific squirrel formation as well as multiple other formations. The squirrel formation alone has produced over 500,000 barrels. This lease is approximately 40 acres and is located adjacent to a producing lease that is currently on waterflood in the vinland oil field. This interest is priced at $12,500 and includes 12.5% WI in the lease as well as the first well which is scheduled to be drilled within the next few weeks.