P1 90% Recoverable Reserves (Tier 1 Assets) 2D/3D Seismic

$3 million in CAPEX per well. 

There are hundreds of wells in our target area for development. We scale one well at a time and capitalize in $3 million incremental rounds based on target rates of performance. 

Production Estimates Below (based on actual local well analysis)

Monthly NET Revenue Payout @ $75 BO

Well CAPEX 

Well 1 $3,000,000

250 BOPD

120 days to monthly net cash flow below:

$363,494.53

Well 2 $3,000,000

250 BOPD

90 days to monthly net cumulative cash flow below:

$726,989.06

Well 3 $3,000,000

250 BOPD

60 days to monthly net cumulative cash flow below:

$1,090,483.59

Totals $9,000,000

750 BOPD

60 days to cash flow 

Annual Cash Flow Per Year   $13,085,803.10

Three Well Development Example

$9,000,000 CAPEX, annual net cash $13,085,803.10

There are hundreds of wells in our target area that vary in CAPEX and Initial Production. 

This does not include monetizing all of the waste streams to drive down costs..