RJDG .0071 Big Oil Acquisition The property consists of over 2,000 acres with multiple geographic formations ranging from 1,300 feet in depth to 2,200 feet in depth. Approximately 30 wells are producing over $18,000 of net monthly cash flow. The property offers excellent drilling capability in 1,500 to 1,800 feet shallow well zoning. The property has engineered proven reserves. It is projected that with secondary enhancement of existing wells and an orderly drilling and completion program; revenue can be grown five-fold. Targeted acquisition value is $1,200,000.
Everything I say is in my opinion, do your own DD and make your decision wisely! Don't spend more then you can afford to lose!