Advert ID:3131 / Type:Miscellaneous Opportunity / Sector:Oil / Location:Global
Oil & Gas Royalties Investment Opportunity
Opportunity Summary
Oil & Gas Investment Opportunity
HIGHLIGHTS INCLUDE:
$10,000,000 Total Offering
50 units offerred at $200,000
390+ producing wells
Geographically diversified. Over 67,000 acres in 72 counties throughout Texas, Oklahoma, Alabama, Arkansas, Illinois, Louisiana, Mississippi and North Dakota
78% gas, 22% oil
Development potential: multiple uphole and infill opportunities, 150+ possible new productive locations
Premier reservoirs including Deep Bossier, Barnett Shale and Permian Basin
Deep Bossier is the only US development project on ConocoPhillips' Top 8 list
Immediate cash flow may exceed $95,200 per month - Gross revenue from all wells approximately $80 million per month (January through March 2008 data)
Annual cash flow of 11.4% to investors assuming recent production levels priced at $8.50 mcf fas and $93 bbl oil
Nationally recognized operators including Chevron, Exxon-Mobil, Shell, Chesapeake, Kerr-McGee, XTO, Samson, Range Resources, Encana and Devon
Direct ownership by mineral deed assignment
IRC 1031 exchange compatible (US Investors Only)
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