FWB Shallow Stacked Tight Gas/Condensate Play - Acreage and Development Opportunity

This listing presents an opportunity to acquire or partner in the FWB Shallow Stacked Tight Gas/Condensate Play, encompassing 50,000 acres of mapped proven hydrocarbon development area. The play offers mature PDP buyouts and open acreage for expansion. The initial target focuses on PDP across 1,800 contiguous acres with 40 wells producing 1,200 mcfed net, with potential for surface and downhole optimization, refrac, and artificial lift. Significant shallow upside is identified, leveraging new stimulation technology to overcome historical damaging methods. New completions can utilize 100-200 ft of stim interval with Stack & Frac potential, compared to historical 26 ft intervals. The gas is high BTU with 100 b/mm NGLs. Projected economics for vertical recompletions show 0.63 BCF/well, 404% ROR, and 0.9-year payout. Vertical new drills are estimated at 1.6 BCF/well, 76% ROR, and 2.2-year payout. Horizontal new drills project 3.0 BCF/well, 25% ROR, and 3.2-year payout. Investment levels range from $5 MM to $100+ MM. Seeking investors to partner with the existing proven team. No broker fees are paid.