May 14, 2019 — We have a promising 160 acre lease in east central Oklahoma with two oil/gas wells, salt water disposal well and nice tank battery. We plan to re-complete the first oil/gas well into a more prolific zone with a technology that is superior to simply perforating the new zone, then we will perform a large sand frac to finalize the recompletion, We expect a great well and should get 20 to 40 BOPD with a total recovery of 15,000 barrels from this new zone. There are at least two more zones in well #1 for later development, plus the second well to work over.
We are raising $50,000 for this lease which will buy a 50% working interest in the lease including the recompletion work on well #1. We have commitments for at least $20,000 with a $5,000 minimum, and want to close this deal and begin work immediately. Please contact me for more details. Thank you.
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