- CityNot Disclosed
- State New Mexico
- CountryUnited States
Not Relocatable
We will sell or Joint Venture this acreage. We specialize in the purchase and rehabilitation of existing productive oil and gas well properties and are currently seeking joint venture partners for our newest acquisition. We are always open to selling our properties as well. We will operate if desired.
We currently own approximately 182 existing oil and natural gas well borings (assets) in southeast
New Mexico on more than 11,000 acres of government land. Based on more than 20 years of individual well logs and geological audits, it is estimated that we have in excess of 48 million barrels in oil reserves, and that only 3 million barrels have ever been extracted. We will continue to own and operate these assets and undertake to accelerate their productivity in 3 separate phases. Engineering Studies and Executive Summary available to qualified Buyers or prospective JV partner. Capital Investments:
Call for pricing or to work a Joint Venture.
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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