10 Barrels a day Oil, 240 Acres in Creek County, OK.
100 Barrels of water a day handled by SWD system
100% WI, 80% NRI
Expenses average $6000 a month
6 to 7 producers, 3 SWD wells, 4 or 5 shut in wells
Room to drill. Cleveland Formation at 1800 feet. Good geology. Petroleum Engineer Operates.
Wells are remotely monitored, and pumper is very good
Asking $500K, will take production payment on 1/2 with 1/2 down