Our corporation is currently monetizing a majority (or outright) working interest position in a well established, low-decline producing fields in the Illinois Basin.
These assets have strong economics, and a reserve study has already been conducted (at our expense) increasing the confidence level in both the existing production and the de-risked locations. The report also endorses a remaining lifetime of the PDP to be 20+ years.
Current market parameters, combined with the [fluid] asking price for the interests is evaluated to be 29.41% net return on investment (3.40 year net payout).
Summary Presentations are presented upon inquiry, with remaining due diligence provided via virtual data room.
On-site field visits are to be arranged with appropriate parties after sufficient interest indication.
Asking Price Available On Request
Sales Between $1,000,000 and $2,500,000
Profit Between $500,000 and $1,000,000
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