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On the Market: 59 Producing Wells, 6,046 Net Acres in the Permian

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On the Market: 59 Producing Wells, 6,046 Net Acres in the Permian
Oxy USA, Inc. - Permian Basin / Wolfberry Play 59 Well Package (Operations) - Andrews, Dawson, Gaines and Martin Counties, Texas

Property Highlights:

Operations in 59 Wolfberry Wells 57 Producing Wells 1 Well Awaiting Completion 1 Temporarily Abandoned Well

BPO: 100% WI / 75.00% to 82.26% NRI

APO: 98.275% to 100% WI / 75.00% to 81.664% NRI

6-Month Average 8/8ths Production: 518 BOPD and 238 MCFPD

6-Month Average Net Production: 411 BOPD and 189 MCFPD

3-Month Average Net Income: $183,402 per month

27,518 Net / 32,242 Gross Leasehold Acres Non-Producing: 13,610 Net Acres HBP: 1,579 Net Acres Continuous Development: 10,511 Net Acres Expired - Proration Units Retained: 731 Net Acres Expiration of Term Assignment: 531 Net Acres Fee Minerals: 554 Net / 4,428 Gross Acres

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