“The acquisition includes 22 wellbores, related surface and sub-surface equipment and approximately 4,000 net mineral acres. Current production is approximately 18 barrels of oil per day and 165 MCF per day. Current revenue is approximately $85,000 per month, comprising approximately $50,000 from oil sales and $35,000 from gas sales.”
Over 1mm in revenue a year! Definitely making strides in the right direction!!
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