BROKER

Buying a producing oil or gas property can provide returns of 20-50% per year. There are never any guarantees as to how much oil will come up, how fast and for how long. Just as a Real Estate Broker will find buyers or sellers for homes, Minc Oil Co. finds buyers and sellers of income producing oil and gas properties.

Tell us how much money you want to spend and how much of an annual return you want. We can tell you if properties are available for your criteria.

HowardCounty, Texas

Field: Excalibur

Formation: Canyon Reef

Gross/Net Acres: 160/160

WI/NRI: 34%/27.285%

Well Name: Miller #1

Average Daily Production:

16 BOPD/17.46 MCFPD

 

 

Pecos County, Texas

Field: Block A-2

Formation: Ellenberger

Gross/Net Acres: 40/40

WI/NRI: 75%/64.125%

Average Daily Production:

4.6 BOPD

 

Hockley/Lamb Counties, Texas

Fields: Anton-Irish/Lower Clearfork

Formation: Lower Clearfork

Gross/Net Acres: 120/120

WI/NRI: 75%/54.125%

Wells: 3 Producers/1SWD

Average Daily Production: 20.5 BPD/4 MCFPD

Upside: Lower Clearfork PUDs/Waterflood

 

 

NolanCounty, Texas

Field: ThunderValley

Formation: Canyon Sand

Gross/Net Acres: 860.63/860.63

WI/NRI: 49.25%/39.4%

Well: Riggs #1

Average Daily Production: 7.6 BPD

Upside: Additional Drilling

 

 

Scurry County, Texas

Field: Mirage

Formation: Strawn

Gross Estimated Acres: 1,200

WI/NRI: >61%/>48%

Wells: 13 Producers/1 SWD

Average Daily Production: 7.6 BPD

Upside: Strawn Sand Waterflood

 

 

HowardCounty, Texas

Field: ChinaBeach

Formation: Canyon Reef

Gross/Net Acres: 40/40

WI/NRI: 30.791%/24.437931%

Average Daily Production: 11.41BOPD/1MCFPD

Upside Wolfberry

Waterflood
AndrewsCounty, Texas

Formation: San Andres

Acres: 830

WI/NRI: 100%/75%

No. of Active Wells: 20

Depth: 4,750'

Future No. of Injector Wells/PUDs: 26/25 on 20 acre spacing

Completed Well Cost Injector/PUD: $387,200/$525,600

Est. Upside Potential Reserves: 1,648,510 BBLs/1,417

MCF

 Est. Current Monthly Cash Flow: $115,400

Ultimate Est. Avg. Daily Production: 560 BOPD, 1292

CFPD

Current Est. Avg. Daily Production: 77 BOPD/181 MCFPD

Est. Investment: $24,456,700

 

 

Lea County, NM

Operated WI 63.85 % / NRI 51.80 %

Operator Kerns Petroleum, Inc.

Field - Urssey Tank

Formation -Seven Rivers

Current Production: 73 BO/D, 33 MCF/D

Acreage: 160

Upside: 2 PUDs

Estimated 12 Month Ave. Cash Flow: $130,179.00

 

 

Heather Unit #1 H,
Burleson County, TX

Operated WI 100% /NRI 75%

Field-Giddings (Austin Chalk)

Average Daily Prod. -4 BOPD/ 139 MCFD

Acreage - 200 / One Well

Upside Potential - Austin Chalk Lateral / Eagleford Shale

 

 

West Minerals Lease,
Lavaca County, TX

Operated WI 100% /NRI 75%

Field-Speaks N. 2800/Formation-Frio

Average Daily Prod. - 270MCFD/One well

Acreage - 220/Depth 3,006'

Behind Pipe Potential