PP

MIDCONTINENT SHALLOW OIL PROJECT

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained


MIDCONTINENT SHALLOW OIL PROJECT

KANSAS & MISSOURI SALE PKG

3-Fields. 2,290-Acres

MULTIPLE LOW-DECLINE FIELDS

JOHNSON CO., KS

SHALLOW (STRIPPER) OIL PROJECT

MATURE WATERFLOOD

Some Production Into Missouri

100% OPERATED WI; 80%-87.5% NRI

Gross Production 100-200 BOPD

SOLD BY ENERGY ADVISORS JAN 2020

PP 7700DV

NY FUND HOPES TO CLOSE ASSET SALE PACKAGE Q4 2019

Summary:
Energy Advisors Group has been retained by Oppenheimer to market multiple operated waterflood properties located in Cass Co., Missouri and Johnson Co., Kansas.

Oppenheimer is a motivated seller and seeks to close out a Fund.

Waterfloods For Sale--
The assets consist of 617-total wells (286-producers & 331-injectors) spanning 2,290-acres.

Oppenheimer’s operations are contracted out to Kansas Resource Exploration & Development LLC (KRED). Overall, the project for sale include 100% operated WI and NRI’s ranging from 80%-87.5% for individual field units with a combined project average of ~85% NRI.

KRED Operating Biography:
Kansas Resource Exploration and Development LLC (KRED) was formed in July 2011 as a member-managed subsidiary of Kansas Resource Development Company (KRDC) to operate oil and gas leases in eastern Kansas and western Missouri. The principal officers of KRDC have extensive experience operating oil and gas leases in the area.

KRED is licensed as an operator of oil and gas leases in both Kansas and Missouri and is responsible for all of the day-to-day operations of the leases.

As operator, KRED oversees Oppenheimer's operating expenditures of ~$186,000/month, contracts for the marketing of the oil produced from the leases and handles all of the compliance reporting with the various state agencies responsible for oversight of the oil and gas leases.

Updates:
B. Oppenheimer Quicklook has been updated in the Public section of the VDR.
04. Accounting Folder has been updated in the Confidential section of the VDR
05. Engineering Folder has been updated in the Confidential section of the VDR.
04. Accounting Folder has been updated in the Confidential section of the VDR.
B. Oppenheimer Quicklook has been updated in the Public section of the VDR.
B. Oppenheimer Quicklook has been updated in the Public section of the VDR.
04. Accounting Folder has been updated in the Confidential section of the VDR.

TO LEARN MORE
Energy Advisors Group
Mr. Blake Dornak
A&D Associate
5120 Woodway Dr Ste 10010
Houston, TX 77056
USA
Phone: 713-600-0123 and Fax: 713-600-0138 Direct: 713-600-0169 Cell: 903-390-6803
Email: [email protected]

Questions Regarding This Asset? Email Blake Dornak or call EAG at 713-600-0123
Virtual Data Room

KANSAS & MISSOURI SALE PKG

3-Fields. 2,290-Acres

MULTIPLE LOW-DECLINE FIELDS

JOHNSON CO., KS

SHALLOW (STRIPPER) OIL PROJECT

MATURE WATERFLOOD

Some Production Into Missouri

100% OPERATED WI; 80%-87.5% NRI

Gross Production 100-200 BOPD

SOLD BY ENERGY ADVISORS JAN 2020

PP 7700DV

NY FUND HOPES TO CLOSE ASSET SALE PACKAGE Q4 2019

Summary:
Energy Advisors Group has been retained by Oppenheimer to market multiple operated waterflood properties located in Cass Co., Missouri and Johnson Co., Kansas.

Oppenheimer is a motivated seller and seeks to close out a Fund.

Waterfloods For Sale--
The assets consist of 617-total wells (286-producers & 331-injectors) spanning 2,290-acres.

Oppenheimer’s operations are contracted out to Kansas Resource Exploration & Development LLC (KRED). Overall, the project for sale include 100% operated WI and NRI’s ranging from 80%-87.5% for individual field units with a combined project average of ~85% NRI.

KRED Operating Biography:
Kansas Resource Exploration and Development LLC (KRED) was formed in July 2011 as a member-managed subsidiary of Kansas Resource Development Company (KRDC) to operate oil and gas leases in eastern Kansas and western Missouri. The principal officers of KRDC have extensive experience operating oil and gas leases in the area.

KRED is licensed as an operator of oil and gas leases in both Kansas and Missouri and is responsible for all of the day-to-day operations of the leases.

As operator, KRED oversees Oppenheimer's operating expenditures of ~$186,000/month, contracts for the marketing of the oil produced from the leases and handles all of the compliance reporting with the various state agencies responsible for oversight of the oil and gas leases.

Updates:
B. Oppenheimer Quicklook has been updated in the Public section of the VDR.
04. Accounting Folder has been updated in the Confidential section of the VDR
05. Engineering Folder has been updated in the Confidential section of the VDR.
04. Accounting Folder has been updated in the Confidential section of the VDR.
B. Oppenheimer Quicklook has been updated in the Public section of the VDR.
B. Oppenheimer Quicklook has been updated in the Public section of the VDR.
04. Accounting Folder has been updated in the Confidential section of the VDR.

TO LEARN MORE
Energy Advisors Group
Mr. Blake Dornak
A&D Associate
5120 Woodway Dr Ste 10010
Houston, TX 77056
USA
Phone: 713-600-0123 and Fax: 713-600-0138 Direct: 713-600-0169 Cell: 903-390-6803
Email: [email protected]

Questions Regarding This Asset? Email Blake Dornak or call EAG at 713-600-0123