Yes, but these wells have fairly steep depletion curves. The first checks were for about 6 months worth of production. I anticipate that an investor will have 100% of their investment back within the next twelve months. Thereafter, they should get steady checks each month (though on a declining basis)for another 10+ years. They should receive an additional 2x to 2.5x their initial investment over that time for a total cash out of 3x to 3.5x, equating to an overall IRR in the 35 to 40% range.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.