PP

PERMIAN BASIN NONOP FOR SALE

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained


PERMIAN BASIN NONOP FOR SALE

GARZA CO., TX SMALL NONOP

14-Wells. 330-Gross Acres. All HBP.

SPRABERRY LIME FORMATION

LOW RISK. MULTI PAY.

Strong Producing Component.

Actively Developed Area.

28.86% NONOP WI; 21% NRI Plus OV

Net Production: 16 BOPD & 3 MCFD

Net Revenues: $20,000-$27,000 Mn

Average Net Cash Flow: ~$6,500 Mn

Motivated Seller Liquidating Partnership.

NEGOTIATED SALE. MAKE OFFER

CLICK THROUGH FOR SALE PKG DATA

PP 3101

Oak Grove Holdings have retained Energy Advisors Group to market their Permian Basin Non-Operated producing properties in Garza Co., Texas. The assets include a popular Midland Basin target with long-lived production, solid cash flow and running rigs in the vicinity.

Small NonOperated Working Interests In 14-Wells.
330-Gross Acres. All HBP.
SPRABERRY LIME FORMATION
LOW RISK. MULTI PAY.
Actively Developed Area.
28.86% NONOP WI; 21% NRI Plus OV
Net Production: 16 BOPD & 3 MCFD
Net Revenues: $20,000 - $27,000 Mn Based On $50 Oil
Net Cash Flow: ~$6,500 (6-Mn Avg.)

As described above, the sale package (330-Gross Acres, HBP) consists of 14-Wells producing from Happy Spraberry Field. The field is a conventional West Texas Oilfield with 100' of gross pay and multiple shallow target intervals.

Net production is currently 16 BOPD (17 BOED 6:1) and the average monthy Net Cash Flow is ~$6,500 Mn.

--For Sale--
28.8% Non-Operated WI & 21% NRI for sale including 0.47% overriding royalty.

Despite the recent oil price collpase these sellers are motiovated to monetize this interest so as to wind down a partnership.

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

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

GARZA CO., TX SMALL NONOP

14-Wells. 330-Gross Acres. All HBP.

SPRABERRY LIME FORMATION

LOW RISK. MULTI PAY.

Strong Producing Component.

Actively Developed Area.

28.86% NONOP WI; 21% NRI Plus OV

Net Production: 16 BOPD & 3 MCFD

Net Revenues: $20,000-$27,000 Mn

Average Net Cash Flow: ~$6,500 Mn

Motivated Seller Liquidating Partnership.

NEGOTIATED SALE. MAKE OFFER

CLICK THROUGH FOR SALE PKG DATA

PP 3101

Oak Grove Holdings have retained Energy Advisors Group to market their Permian Basin Non-Operated producing properties in Garza Co., Texas. The assets include a popular Midland Basin target with long-lived production, solid cash flow and running rigs in the vicinity.

Small NonOperated Working Interests In 14-Wells.
330-Gross Acres. All HBP.
SPRABERRY LIME FORMATION
LOW RISK. MULTI PAY.
Actively Developed Area.
28.86% NONOP WI; 21% NRI Plus OV
Net Production: 16 BOPD & 3 MCFD
Net Revenues: $20,000 - $27,000 Mn Based On $50 Oil
Net Cash Flow: ~$6,500 (6-Mn Avg.)

As described above, the sale package (330-Gross Acres, HBP) consists of 14-Wells producing from Happy Spraberry Field. The field is a conventional West Texas Oilfield with 100' of gross pay and multiple shallow target intervals.

Net production is currently 16 BOPD (17 BOED 6:1) and the average monthy Net Cash Flow is ~$6,500 Mn.

--For Sale--
28.8% Non-Operated WI & 21% NRI for sale including 0.47% overriding royalty.

Despite the recent oil price collpase these sellers are motiovated to monetize this interest so as to wind down a partnership.

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

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