Winning bidder has the option on the next 3 lots.
Lease #147773. API: 15-185-24070. Purchaser: Coffeyville Resources.
Lease is making 12 BOPD Production from Arbuckle. March 2022 check for February production was $974.77 @ $86.00/bbl price. Behind pipe LKC and waterflood opportunities.
Net Income for all three wells is $8,440.22 for 12 months or $703.35 net monthly income at a 2.5% ORRI. This interest has been divided into four equal lots. The Net Monthly Income for each lot is $175.84 and the decimal interest is 0.00625.