Smackover Reef Development - Oil & Gas Funding Opportunity in Texas
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Financial Details
- Location:
- TX, US
- Source:
- Date:
- August 07, 2025
Key Highlights
- Investment opportunity in the Smackover Reef Development project in Texas.
- $1MM buy-in for 10% equity, with potential for 20% to cover study and well costs.
- Project includes 20+ reefs across 34,000 acres, with 15,000 acres leased.
Description
Funding is sought for the Smackover Reef Development project in Texas. The project includes 20+ reefs defined by a private 3D study across 34000 acres, with 15000 acres leased. The initial buy-in is $1MM for 10% equity, with 20% available to cover the cost of the study and two Smackover wells. The seller requires the buyer to pay a Finder's Fee.
Industry Information
- Industry Description:
- Oil & Gas / Refining / Fuels
- Classification:
- Other
Listing Details
- Listing ID:
- 2a832434-e4c0-4fdc-84e9-0ac3453d57bd
- Deal Status:
- For Sale
- Date Posted:
- August 05, 2025
- Last Updated:
- August 07, 2025
- Currency:
- USD
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