28 Producing Wells, 2 new Drills turn key

📍 Creek County, OK 🏔️ Basin: Other 🏷️ Type: Wells (producing / shut-in / DUC)
Asking Price $2,962,500

Description

Producing oil & gas opportunity in Creek County, Oklahoma (Cherokee Basin).

Project Overview:

~1,000-acre lease (owned) (space for 100+ more wells)
28 well reworks + 3 tank batteries + 2 new wells
Existing infrastructure and active production
Production ramp: ~12 BOPD → ~300+ BOPD

Investment:

$39,500 per unit =1% WI = .75 NRI
75 units (~$2.96M raise)

Returns (projected):

~13-month payback (conservatively)
~2.2x over ~3 years
Monthly distributions
Money back in a year, then all profit

Structure:
75% of net revenue until 2x capital returned
25% for 24 months (30% for first 30 units)
12% thereafter

Highlights:

Producing field with defined rework plan
Shallow wells (~3,200 ft)
Prior operator involvement
Turnkey structure

Happy to share overview or full deck if of interest.

Key Metrics & Technical Specifications

1,000 Acres
1% Working Interest

Listing Details

Asset ClassWells (producing / shut-in / DUC)
Development StageProducing
Depth3,200 ft
Listed ByWildcatters