Oil Field Investment Opportunity with Horizontal Drilling Potential

This listing presents a compelling investment opportunity in a small oil field located in the United States, offering substantial horizontal drilling potential. The prospect features over 7500 acres with existing production, low overhead, and established rights-of-way. The seller is seeking $5MM for a purchase price of $2.50MM plus a $2.50MM line of credit to drill a minimum of two horizontal wells. Nearby horizontal wells have demonstrated initial production (IP) exceeding 1000 BPD, with operators flaring gas, whereas this project plans to reinject gas to preserve reservoir drive and reduce decline. The shallow prospects are less than 2000' vertical depth, with planned laterals under 1000' and no hydraulic fracturing required. The AFE (Authority For Expenditure) is approximately $750k per well to the tanks. Existing production is expected to cover debt service, and the new horizontal wells are projected to offer a quick return on investment. Drilling contractors are on standby, and the motivated seller seeks a timely closing. Full details are available after NDA signature. Principals only.