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Oil Gas Interest Opportunity



Oil & Gas Opportunities: Buy & Sell Drilling Prospects & Wells. | Oil & Gas Opportunities: Drilling Prospects. Wells.

Category: Oil & Gas Opportunities: Drilling Prospects. Wells.
Owner Information
Owner: AEG American Energy Group, LLC
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Details
Closest Town/City: Bakersfield
Province/State: California
Country: USA
Gross Acreage: 2,045
Net Mineral Acres: 2,045
Legal Description: This prospect is 2,045 with 75% WI and 80% NRI acres in Kern, County California. This is a production deal with no drilling risk. There are currently 12 wells drilled on the lease. The lease is currently producing approx 180 BOPM from 3 wells. The development plan is to rework all 12 wells and the upside potential is +-150 BOPD after minimal reworks in the Monterey Shale "Antelope Interval" with 12 new PUD Wells to be drilled with 755K EUR revoverable. Future EUR of 200-250K BO on a secondary recovery basis in the Etchgoin interval.
Comment: California Working Interest 12 Wells 2,045 Acres
Image:

Latitude: 35.3732921 Longitude: -119.0187125
Expiration Date
08-26-2017
Date Posted
04-25-2016

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