Investment Opportunity: 50% Interest in New Horizontal Devonian Well Drilling Program in Permian Basin, TX

This offering seeks non-operating partners to participate in the drilling of a new horizontal Devonian well (University -B- No.3) located in Martin County, Texas, within the prolific Permian Basin. The owners have a strong track record, having recently drilled successful laterals in the immediate vicinity projecting 1,000 to 2,000 barrels of oil per day (BOPD). Based on these results, the new well is projected to exceed 1,000 BOPD initially and achieve payout within three months, with an expected productive life spanning 50 years. The investment involves tapping two undrilled locations on the existing University -B- Lease, which has a significant historical production record of 1.4 million barrels over 71 years. The owners are selling down 50% of their interest in this new drill and associated work, which has an estimated total cost basis of $3,681,584.