simplex

Thinking about a
1031 Like-Kind Exchange
?



Petroleum Strategies
can help. If you are interested in finding out more, please visit their website or call
Donna Cowdrey
at (432)682-0292.


 

Listings: Most Recent

 

P.O.&G. Resources, LP

Operated Oil & Gas Properties-
Pecos Co., TX

  • 42.5 BOPD & 39 MCFPD
    (8/8ths Avg.; May-Jul. '14)
  • $55,714 Net Income
    (Avg.;Feb.-Jul. '14)
  • 94.05%-100% WI
  • 67.72%-85.5% NRI
  • 15 Active Producers- Leon Valley
  • 13 Active Producers- MPF
  • Yates Production
  • Upside:Infill Drilling Opportunities, Waterflood Potential, Reactivation Potential

Offers Due October 9, 2014

Snow Oil & Gas, Inc.

Operated, Non-Operated & ORRI's in Multiple Counties in TX & NM

  • 234.5 BOPD, 1,145 MCFD Gross
    (Avg.; Feb-Apr ‘14)
  • 19.9 BOPD, 64 MCFD Net
    (Net Avg.; Feb-Apr ‘14))
    25 Active Wells
  • 8,000 Gross Acres
  • Upside: Infill Drilling,
    Recompletion Potential

Offers Due Sept. 25, 2014

 

Texland Petroleum, LP

Operated Oil & Gas Properties- Gaines County, TX & Lea County, NM

  • 34.6 BOPD & 1.9 MCFPD,
    (8/8ths Avg.; Mar.-May 2014)
  • $59,286/Mo. Net Income
    (8/8ths Avg.; Mar.-May 2014)
  • 49.7%--99.4% WI (Mostly 99.4%)
  • 35.9%-86.9% NRI (Mostly 86.9%)
  • 10 Active Producers, 6 Injectors
  • 937.49 Leasehold Acres
  • San Andres, Clearfork, Glorieta, Queen Formations
  • Upside: Infill Drilling, Recompletions, Drill Deepening

Sale Pending

 

Newport Oil Corporation

ORRI's & HBP Leasehold- Collier Co., FL & Clay & Leslie Cos., KY

  • 2.7 BOPD, 2.1 MCFPD
    (Net Avg.; Apr. '13- Mar. '14)
  • $6,424/Mo. Net Income
    (Net Avg.; Apr.'13 - Mar. '14)
  • 3.239%-28.125% ORRI
  • 18 Active Wells
  • ~6,952.5 Acres (HBP)- KY
  • 160 Acres (HBP)- FL
  • Upside:
    New Drill Opportunities

Sale Pending

 

Patterson Energy Corp.

Operated Oil & Gas Properties & Leasehold- Dimmit & Maverick Counties, Texas

  • 31.9 BOPD, 165 MCFPD
    (8/8ths Avg.; Dec. '13- May '14)
  • $74,215/Mo. Net Income
    (8/8ths Avg.; Dec.'13 - May '14)
  • 100% WI
  • 74%-75% NRI
  • 7 Active Wells
  • 2,240 Gross Acres (HBP)
  • Upside:New Drill Opportunities, Rework Existing Wells

Negotiated Deal

 

ICA Energy Operating, LLC

Non-Operated Oil & Gas Properties- Andrews County, Texas

  • 71.0 BOPD, 169.5 MCFPD
    (8/8ths Avg.; Feb. - Apr. 2014)
  • $18,124/Mo. Net Income
    (8/8ths Avg.; Feb. - Apr. 2014)
  • 12.0%-25.0% WI
  • 9.3%-18.5% NRI
  • Spraberry Trend Formations (Clearfork, Spraberry, Wolfcamp, Strawn)
  • 792 Gross Acres
  • Upside:New Drill Opportunities

Sale Pending