PP

TX CONVENTIONAL + PBP/PUD UPSIDE

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained


SOUTH TEXAS ASSETS FOR SALE

19-Wells. 1,160-Gross Acres. All HBP.

LUCILLE,HOCKLEY,PETTUS,YEGUA

Live Oak Co. LOW RISK. MULTIPAYS.

3D SEISMIC. SUBSURFACE DEFINED.

Up to 100% OPERATED WI; 76%-80% NRI

Net Production: 75 BOPD & 260 MCFD

Net Cash Flow: ~$102,000

PV10 of PDP ONLY: $6.4 MM

3 PUD, 2 PROB, 2 Permits Set to Spud

PDP Reserves: 350 MBO & 1.01 BCF

Total Reserves: 2.06 MMBO & 2.14 BCF

Midstream Infrastructure In Place

CONTACT EAG FOR ACCESS TO VDR

PP 5969DV

Summary
Energy Advisors Group has been retained by Welder Reserve Fund I, LP to market certain south Texas operated producing properties in Live Oak County. The assets include substantial upside opportunities, solid cashflow and midstream infrastructure.

As described above the sale package (1,160 gross acres, HBP) runs across multi-pay low risk conventional reservoirs and includes immediate upside through 13 recompletion opportunities and 3-proved undeveloped locations defined by Subsurface and 3-D seismic.

The package consists of 3 areas respectively offering opportunities to increase production:

Area #1: Ramirena Creek Overview
2-Wells. Acceleration Wells Offer Additional Upside
Cumulative Prod: 127.8 MBO & 69 MMCF
2-Pumping Units, 2-Separators, 6-Tanks & 2 Gun Barrels
Total Reserves: 744.6 MBO

Area #2: Parker Heirs & LFW Overview
11-Wells. Recompletion Plans Designated to Maximize Production
Cum. Production: 379.4 MBO & 734.4 MMCF
1-Pumping Unit, 6-Separators, 9-Tanks & 2 Meter Runs
Total Reserves: 1,199 MBO & 571 MMCF

Area #3: M&P Ranch, Gilligan & Iantha Rutledge Overview
6-Wells. Recompletion Presents 1.03 BCF of PBP Reserves
Cumulative Prod: 54.3 MBO & 1.98 BCF
5 Pumping Units, 4-Separators, 12-Tanks, 1 Gun Barrel & 4 Mi. of Gas Gathering Lines
Total Reserves: 117 MBO & 1.57 BCF

Please be advised that by clicking herein your name has been recorded for our follow up, but you are also free to email the undersigned to stress your interest and qualify your timing, financial capability and ability to close.

Richard S. Martin
Director – Special Projects & Execution

Energy Advisors Group
Formerly PLS Divestment Services
14875 Landmark Blvd, Ste 125
Dallas, TX 75254
---Office – 214-774-2495 or Cell/Text - 469-866-9796
---Email – [email protected]

Questions Regarding This Asset? Email Richard Martin or call EAG at 214-774-2150
Virtual Data Room

SOUTH TEXAS ASSETS FOR SALE

19-Wells. 1,160-Gross Acres. All HBP.

LUCILLE,HOCKLEY,PETTUS,YEGUA

Live Oak Co. LOW RISK. MULTIPAYS.

3D SEISMIC. SUBSURFACE DEFINED.

Up to 100% OPERATED WI; 76%-80% NRI

Net Production: 75 BOPD & 260 MCFD

Net Cash Flow: ~$102,000

PV10 of PDP ONLY: $6.4 MM

3 PUD, 2 PROB, 2 Permits Set to Spud

PDP Reserves: 350 MBO & 1.01 BCF

Total Reserves: 2.06 MMBO & 2.14 BCF

Midstream Infrastructure In Place

CONTACT EAG FOR ACCESS TO VDR

PP 5969DV

Summary
Energy Advisors Group has been retained by Welder Reserve Fund I, LP to market certain south Texas operated producing properties in Live Oak County. The assets include substantial upside opportunities, solid cashflow and midstream infrastructure.

As described above the sale package (1,160 gross acres, HBP) runs across multi-pay low risk conventional reservoirs and includes immediate upside through 13 recompletion opportunities and 3-proved undeveloped locations defined by Subsurface and 3-D seismic.

The package consists of 3 areas respectively offering opportunities to increase production:

Area #1: Ramirena Creek Overview
2-Wells. Acceleration Wells Offer Additional Upside
Cumulative Prod: 127.8 MBO & 69 MMCF
2-Pumping Units, 2-Separators, 6-Tanks & 2 Gun Barrels
Total Reserves: 744.6 MBO

Area #2: Parker Heirs & LFW Overview
11-Wells. Recompletion Plans Designated to Maximize Production
Cum. Production: 379.4 MBO & 734.4 MMCF
1-Pumping Unit, 6-Separators, 9-Tanks & 2 Meter Runs
Total Reserves: 1,199 MBO & 571 MMCF

Area #3: M&P Ranch, Gilligan & Iantha Rutledge Overview
6-Wells. Recompletion Presents 1.03 BCF of PBP Reserves
Cumulative Prod: 54.3 MBO & 1.98 BCF
5 Pumping Units, 4-Separators, 12-Tanks, 1 Gun Barrel & 4 Mi. of Gas Gathering Lines
Total Reserves: 117 MBO & 1.57 BCF

Please be advised that by clicking herein your name has been recorded for our follow up, but you are also free to email the undersigned to stress your interest and qualify your timing, financial capability and ability to close.

Richard S. Martin
Director – Special Projects & Execution

Energy Advisors Group
Formerly PLS Divestment Services
14875 Landmark Blvd, Ste 125
Dallas, TX 75254
---Office – 214-774-2495 or Cell/Text - 469-866-9796
---Email – [email protected]

Questions Regarding This Asset? Email Richard Martin or call EAG at 214-774-2150