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Leases & Oil Wells For Sale

Oil lease for sale click on photo for more details

Oil Lease for Sale

Oil lease for sale it has been surveyed for oil and gas baring formations by Radiometric Survey.

This lease contains 100 + acres with spacing for 15 well to be drilled. The buyer of this oil lease,

will own 65% working interest in all wells drilled on this lease. These wells will be drilled to the

depth of 2,000 feet with the estimated production of 50 barrels a day. JMack Energy will be the

Operator of the lease oversees the drilling and completion of the wells. JMack Energy will drill

one new well when you purchase the lease. The first well will be drilled and put into production,

within 60 days of the sale. And the other 14 wells will be drilled and put into production, as the

buyer choses. The interest in the lease will be divided with the buyer owning 65%, land owner

12.5%, JMack Energy owning 22.5% for our services drilling, completing, & operating for years

to come. If you would like information on method of the Radiometric Surveying  you can view this

on our home page under services. If interested in this lease purchase contact JMack Energy on our contact page.

 

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