Details - Information last confirmed on January 5, 2021

South Texas Oil Lease for Sale.
Wilson County - 45 minutes SE of San Antonio.

La Vernia Field - Navarro Sands Trend
Shallow production ~ 1,500 feet
26-Wells +/-303-Acres
Rights To All Depths including Eagle Ford & Austin Chalk
100% operated working interest for sale at 75% NRI
Current Production: ~5 BOPD

Upside:
- Peak of activity on the lease was in the early 1980's boom when a series of 22 wells were drilled
- Current operator has drilled and completed four new wells in early 2017
- Ability to clean out and equip existing wellbores for quick jump in production and 70%+ ROI
- Well pattern in place to conduct pilot waterflood

Would also consider continuing to operate with right investor to fund re-equip of existing wells.

Sales information package available
Contact Seller For More Info

Not an offer to buy or sell securities.

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