Two producing horizontal wells in the Eagle Ford-1 Formation with mature production and low decline rates. The operator is Callon Petroleum located in Houston and listed on the NYSE. They are one of the best operators in the area and a good steward of the wells. Callon has multiple drilling rigs operating in the area and has plans to continue to develop in La Salle County.
Oil - 91.3%
Gas - 4.56%
NGL - 4.14%
Cash flow represents 100% of check statements.
08-2022 $ 88.59
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