Oil and Gas Reentry Wells Project with High ROI Potential

This listing presents an investment opportunity in an oil and gas reentry project located in Morris, Oklahoma. The project involves 16 reentry wells, with recent successful reentries, acidizations, and fracture treatments to enhance oil and gas production. The company has expanded its operations by acquiring adjacent leases, increasing the project scope from 15 to 20 wells and integrating them into their gas transit pipeline system. Based on geological and petroleum engineering reviews, a high percentage of proposed reentry work is projected to achieve a Return on Investment (ROI) within 8-10 months. The company began operations in this area in September 2019 and currently owns 7290 acres and 98 wells, offering potential for infill drilling in addition to the reentry projects. Capital is sought from serious investors to expedite the completion of these reentries, leveraging favorable spring and summer operating conditions.