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On the Market: Cleveland/Tonkawa Wells; Eagle Ford, Austin Chalk Acreage
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Operations in 112 Wells:
◌ Avg. BPO 89.93% WI / Avg. BPO 67.96% NRI
◌ Additional Avg. 3.81% ORRI in 6 Wells
◌ 95 Producing Wells (36 Horizontal); 9 Shut-In Wells; 8 Temporarily Abandoned
Non-Operated WI in 25 Wells:
◌ Avg. BPO 47.57% WI / Avg. BPO 37.25% NRI
◌ 21 Producing Wells (1 Horizontal); 2 Shut-In Wells; 2 Temporarily Abandoned
◌ Operators:
■ Apache Corporation
■ BP America Prod Co.
■ Chesapeake Operating
■ Devon Energy Prod. Co.
■ E.R. Operating
■ Strat Land Exploration
■ XTO Energy Inc.
12-Month Average Net Income: $84,391
6-Month Average 8/8ths…
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