HORIZONTAL OIL
& GAS WELLS
THE TIME IS NOW.
A SENSE OF URGENCY IS IN THE DEVELOPMENTAL PLAYS OF THE WEST TEXAS PERMIAN BASIN.
Recently recorded well production
with the Texas Railroad Commission shows more than five times our original production models:
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Well #1: 936 BOPD + 690 MCFGPD
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Well #2: 697 BOPD + 596 MCFGPD
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Well #3: 468 BOPD + 570 MCFGPD
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Well #4: 556 BOPD + 600 MCFGPD
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Well #5: 457 BOPD + 596 MCFGPD
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and dozens more.
Primary
Developmental Acreage
Primary developmental acreage has higher oil & gas production and lower drilling costs compared to the surrounding acreage. With Direct Participation Drilling, 100% of the profit earned from oil and gas production is shared monthly between only the participants and the operator. Be amazed as wells soon will be paying for themselves. An entry level position for three (3) horizontal wells with a pro rata lease interest is $308,400 turnkey.
Regardless if investing as an individual, partnership or perhaps a private or public trust fund, there's a working interest program and monthly cash flow with a high yield exit strategy.
After two years, each 10,000 acre lease and their assets are sold to buyers looking for cash flow and assets. The divestiture price is then approximated to be five years of cash flow (the net monthly cash flow at the time of divestiture times 60 months) plus the value of the additional PUD locations. A pro rata lease interest is paid to participants in a one-time lump sum payment at the time of the lease sale.
Tax Advantages
Drilling and Completion, depreciation, depletion allowances and the lease can be expensed from any revenue during the first year. Talk with your oil and gas accountant regarding your special tax situation.
Over 41 years…
over 600 wells
David Vletas: CEO of Eagle Production Inc of Abilene TX; BS Geology (our WI Partner) - with 41+ years and over 600 wells in the West Texas Permian Basin as a roughneck, operator and geologist, a graduate of the Colorado School of Mines and University of Texas in Austin, has developed 5000 bopd leases that were sold to private Permian Basin Oil & Gas Companies. With an additional 45,000 primary acres acquired, we now offer his experience to the public investor in our 10,000 acre developmental lease programs.
Bill Pye: Owner, founded OilStrata in 2010 - prior a West Texas Permian Basin lease holder, Geophysics major at UHM.