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Joint Venture New Mexico Reworks & Existing Prod.

STATE PROPERTY ACREAGE DEPTHS (ft.)
New Mexico

M Field 1400 to 4000
C Field 1100 4000 to 9000

G Field 1200 4000 to 9000




C DEEP, G AND M Fields
Lea County, New Mexico

These wells and projects have not been upgraded or taken care of for over 2 years, they all need to be treated and cleaned up, the M Field does have fairly new equipment on the 4 wells and the Tank Battery has excellent equipment all in good working order.

75% NRI

$ 525,000.00 Investment for 50% of the WI this includes the money to put all wells into production as well as the acquisition price.
Projects together are cash flowing $ 20,000.00 per month right now



C Deep, Project 5300 Acres
C Deep, are all located the New Mexico the vicinity and thus share similar geology. These wells are currently producing from the Devonian formation it carries extreme down hole pressure
Total 4 deep wells 9,000 ft level 6 shallow wells 3800’ to 4,000’ deep
Well #1 and #2 currently doing 75,000 cubic ft a day
Well # 3 needs 2,000 ft of tubing to complete. #3 will do 200,000 cubic ft a day
Total daily production of gas is 400,000 cubic ft at $4 per day is $1,600.00
This lease will do close to a million MCF when upgraded plus 5 to 10 BOPD
It has a great Injection well already working
7 other wells are shut in and need all equipment

M Field 1400 acres
Wells are 4,000 ft deep
Has gas but not producing
4 wells currently producing appx 14 bbls a day total (NEEDS to be REWORKED)
8 wells shut in all need equipment
Total wells 12.
These projects contain active well bores which are ready for production.