The Levi Kieran - Infill Drilling Opportunity w/ Tremendous Economics

Location: midlothian, Texas

We are looking for funds to continue development in a highly productive Goen Limestone trend in central Texas. In the 1960's, several wells were drilled and all had tremendous success. To name a few, the Horton 1A and 2A wells were drilled in 1965, both IP'd at approximately 700 barrels of oil per day. They cumulatively produced close to 500,000 barrels of oil. We are planning to get a rig on location the 3rd week of November. In our economics, we only projected 100 BOPD and 100,000 cumulative production and we would be looking at a 8 month payback and 3.5x total on our investment. This is a low risk opportunity with high upside. Please reach out for geologic, engineering and economic information.