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

 

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

Offers Due August 21st, 2014

 

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

 

Offers Due August 14th, 2014

 

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

 

Offers Due August 7th, 2014

 

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

 

Offers Due July 24th, 2014

Snow Oil & Gas, Inc.

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

  • 19.3 BOPD, 176 MCFD- Operated
    (8/8ths Avg.; Dec ‘13 - Feb 2014)
  • 7.2 BOPD, 13 MCFD-
    Non-Operated
    (Net Avg.; Dec ‘13 - Feb '14)
  • 1.8 BOPD, 2 MCFD- ORRI
    (Net Avg.; Dec ‘13 - Feb 2014)
  • 19 Wells- Operated
  • 26 Wells- Non-Operated
  • 14 Wells- ORRI

Currently Packaging

Energy Income 3GP

Johnson County, TX

  • 408 MCFD (8/8ths Monthly Avg.;
    Jan 2013 - Dec 2013)
  • $11,425 / Month Net Income
    (Avg.; Jan 2013 - Dec 2013)
  • 100% WI, 79.1% NRI
  • 49.2% WI, 79.5% NRI
  • 1,019 Acres
  • Additional New Drill Potential

SOLD!

Olsen Energy, Inc.

Ward County, TX

  • 8 BOPD, 64.2 MCFD
    (8/8ths Monthly Avg.;
    Jul 2013 - Dec 2013)
  • $24,483 / Month Net Income
    (Avg.; Jul 2013 - Dec 2013)
  • 100% WI, 80.0% - 87.5% NRI
  • 4 Active Producers
    1 Commercial SWD
  • 480.5 Acres
    (Additional New Drill Potential)

SOLD!

Mid-Con Energy IV

Crockett County, TX

  • 68 BOPD
    (8/8ths; Avg. Jan-Feb 2014)
  • $87,001 Net Income Per Month (Avg. Jun 2013 - Dec 2013)
  • 100% WI, 78% NRI
  • 6,335 Gross Acres

SOLD!