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SOLD....The lucky dog gets 1% Royalty Interest

SOLD....The lucky dog gets 1% Royalty Interest in Powder River Basin, Wyoming. Infield drilling on 120 acre lease with 4.2 million bbls ultimate recoverable is $252mm @ $60 bbl oil @ 1% royalty is $2.5 million. 22 MM bbls from Coyote Creek field already. Expected 200-250 bbls per well * 3 wells =...

1% Royalty Interest for sale in Powder River Basin

1% Royalty Interest for sale in Powder River Basin, Wyoming. Infield drilling on 120 acre lease with 1.4 million bbls ultimate recoverable per well. 2 wells to be drilled with possible 3rd or re-entry. Up dip from well that has produced 1mm bbls to date from 1959. 22 MM bbls from field. Expected 200-250...

1% Royalty Interest for sale in Powder River Basin

1% Royalty Interest for sale in Powder River Basin, Wyoming. Infield drilling on 120 acre lease with 1.4 million bbls ultimate recoverable per well. 2 wells to be drilled with possible 3rd or re-entry. Up dip from well that has produced 1mm bbls to date from 1959. 22 MM bbls from field. Expected 200-250...

1% Royalty Interest for sale in Powder River Basin

1% Royalty Interest for sale in Powder River Basin, Wyoming. Infield drilling on 120 acre lease with 1.4 million bbls ultimate recoverable per well. 2 wells to be drilled with possible 3rd or re-entry. Up dip from well that has produced 1mm bbls to date from 1959. 22 MM bbls from field. Expected 200-250...

Proven Oil Reservoir/ 1.5 Million BO

Powder River Basin, WY. This is infield development of a proven reservoir, where 60 feet of oil at 6,300 feet is anticipated. The potential is 150 BOPD, and 700,000 BO per well. Reserves are estimated to be 1.5 million BO for the project are. Great economics, and low risk! Third party Reservoir report...

Proven Reserves Opportunities

With oil rigs going up and identified fields being developed with renewed interest, such as the Powder River that was recently in the news. We are now developing our Infill Proven Undeveloped ("PUD") well program. Overview: Leases held by production ("HBP") by Offeree (no brokers or intermediaries...