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Nov 21, 2018 — We have a 4100' dual zone gas well looking to bring back online. Bottom zone drilled out ready go, just want to put 3,000 gallon acid job on upper Caddo Zone which could bring potential back up to 20-40 mcf plus. Bottom zone could give up 2-4 bbls oil plus 15 mcf gas.
Asking $30K to do all rework and willing to give 65% NRI and 100% WI. I will operate and oversee all field work.
At today's prices could pay out 1 - 1.5 years or less.
We'll has been shut in for about three years, I'm venting gas now.