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Aug 14, 2019Lease consists of 200 +/- acres with 3 producing wells averaging 13 barrels of oil per day
Monthly cost $1000
Paul 40 House 80 Dennis 80 acres
Paul average 8 BOPD
House average 2.5 BOPD
Dennis average 2.5 BOPD
We have already done work-over (rehab) on Paul and House.
$158,820 Net income
$158,820 / $750,000 purchase price =21.1% return
Call Shara Surabi 818-813-1619

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