LARGO & FORSTER#1 - RE-ENTRY WELLS - OPEN FOR FUNDING NOW!
Projects consist of 3 re-entry wells + 2 SWD, all with previously active production and proven reserves.
Expected production: 22 Bbl/day.
Working Interest up for sale: 15 % @ $7500 per percent
Net Revenue interest per percent is 0.70 %.
Expected Payout: Est. 13 months, with depreciations
Type: None-operated working interest - Direct investment in wells and equipment
State: Louisiana approx. 2.5 hour drive from Lafayette
Fields: Larto Lake & Forster
Note: The project consists of 3 oil wells + 2 swd, but for those who participate there will be an option to be able to participate in up to a further 15 - 20 wells on a "first right of refusal" basis, all are re-entry.
. E-Book (English) Click here
Contact us if you want more information.
LARGO & FORSTER#1 - RE-ENTRY WELLS - PRE-SALE - FULLY COMITTED
SHELF#2 - OPEN FOR FUNDING NOW!
Producing wells:
Current: 10 - 12 Bbl/Day
Target: 16 - 20 Bbl/day
Lifespan Avg. 15 Bbl/day
Est. Payout incl. 15 % depreciation on original investment sum = 3 years.
Price per unit : $11.025
Highlight´s:
The project consists of 2 wells, both of which have operated stably for the last 8-10 years. Both have up hole reserves from several sand layers which can be opened up later and thus extend the life of the wells, which is expected to be 10 - 15 years. The wells have both just had their downhole pump units replaced, to ensure operations and maximize production now that oil prices have risen nicely here in 2023. Which is expected to be the current level in 2024 with a trend towards higher prices in the future.
Summary - English - Click here.
SHELF#4 - FULLY COMITTED
Producing wells 45-50 BBL/Day
E-Book (Danish) Click here.
E-Book (English) Executive Summary Click here.
SAM ESTIS ESTATE#1 - FULLY COMMITTED
3 Re-work wells, they need to be Gravel Packed and turned back on, all wells have past production and known reserves.
Status: Gravel Pack in progress
GLADE#1 -FULLY COMMITTED
3 Re-work wells, they need to be Gravel Packed and turned back on, all wells have past production and known reserves.
Status: Gravel Pack in progress
HAYES#2 WELL - FULLY COMMITED
This well is online and producing 8-10 Bbl/Day.
More info to come shortly + Ebooks. Only 9.3 % Working interest up for sale!
Status: Producing
BERGERON#1 WELL - FULLY COMMITED
Producing well 8-10 BBL/Day
E-Book (Danish) Click here.
E-Book (English) Executive Summary Click here.
CHERAMIE#2 WELL - FULLY COMMITED
Producing well 30-35 BBL/Day
E-Book (Danish) Click here.
E-Book (English),Executive Summary Click here. (coming soon)
MORESI#1 WELL - FULLY COMMITED
Producing well 4-5 BBL/day, we plan changing out the downhole pump unit to increase production to 8-10 BBl/Day work will commence soon. more info to come
E-book (Danish) click here.
E-Book (English) Executive Summary Click here.
Fully Comitted Projects in 2022
ESTIS#1 PROJECT
6 RE-ENTRY OIL WELLS IN CATAHOULA COUNTY, LA,
Status: Work over in progress, well #3 has just been completed and put online.
LOWE#7 Well
Re-entry project
Status: Producing well
ST. MARTIN WELL
16 BBL/Day production
Status: Shut-In
LIPPINCOTT#17
Re-Entry Prospect - Louisiana - 10 wells online out of the 17.
Status: producing
PAST PROJECTS
J&M#7 WELL (J&M#1)
STATUS: PRODUCING
MORESI#1 WELL
STATUS: PRODUCING
HAYES#2 WELL
STATUS: PRODUCING
BERGERON#1 WELL
STATUS: PRODUCING
MORESI#4 WELL
STATUS: PRODUCING
CHERAMIE#2 WELL
STATUS: PRODUCING
ESTIS#1 PROJECT
STATUS: GRAVEL PACK - IN PROGRESS
SAM ESTIS ESTATE#1
STATUS: GRAVEL PACK - IN PROGRESS
LIPPINCOTT#17
STATUS: PRODUCING/STANDBY