EnerGyne Resources, invest in oil wells in Texas & Lousiana

LARTO LAKE#2 - RE-ENTRY WELLS - FUNDING OPEN!

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Status: Shut-in.
State: Louisiana
County/Parish: Catahoula
Price per 1.00 % Working Interest: $8900 Well Type: 3 oil wells
Net Revenue Interest: 70.00 %
Summary:
Our immediate priority is to upgrade essential infrastructure, including pipes, flowlines, pumping units, and more. We have already made significant progress on this front and are pleased to report active production from our initial project, which involves three wells. Currently, we are seeking capital to advance work on the next three wells.
According to historical data from previous operators and geological studies, we estimate our field holds between 750,000 and 1,000,000 barrels of recoverable reserves. We are confident that we can unlock this potential by reactivating existing wells and exploring new drilling opportunities down the line.
We are offering a 15% working interest for sale, with an attractive Net Revenue Interest (N.R.I.) of 0.70% per percentage point. We plan to commence work in the upcoming year, aiming for active production durring the 2nd quarter of 2025.
This is an exceptional chance for those looking to either expand their investments or enter the oil industry for the first time. You will be partnering with a dedicated and experienced team. Importantly, every team member, including our operator, holds a 15% working interest in all wells, which aligns our interests and commitment to maximizing production and revenue.
Thank you for considering this promising opportunity. We look forward to the possibility of working together.
Thank you for your interest and support.

Recompletion - Jade #9 Well - Texas - Coming soon

Status: Shut-In
State: Texas
County: Palo Pinto
Production start-up: Summer 2025
Production: Estimated 200-300 Mcf/day after completion.
Price: The work is expected to cost. $112.000.-
A minimum of 5.00% working interest must be purchased at a time for $22,400.
There is a total of 25.00% for sale.
Well Type: Gas Well
Net Revenue Interest: 75.00 %
Notes: Prospect data expected shortly. Get in touch if you would like to join the waiting list

Summary:
The Jade #9 well is situated in Palo Pinto County, just south of Graford, Texas. It has been producing from the Marble Falls formation, with perforations between 4454 and 4705 feet. This zone has become largely depleted.
Propose to set a plug over the Marble Falls zone and recomplete the well in the Pregnant Shale zone, ranging from 3640 to 3646 feet. Additionally, there are several Strawn Sand zones available for testing, from 2571 to 2878 feet.
Completing the Strawn Sand will require a cement squeeze job due to the lack of cement behind the pipe in this section of the well. These formations have been indicated to contain promising natural gas reserves (refer to logs and log analysis).
The total cost for the recompletion is estimated at $112,000. Our production estimates are projected to be between 200 to 300 mcf per day.
The well is fully equipped and ready for production. Offering a 25% working interest at a 75 NRI for $112,000.
Minimum purchase is 5.00% = $22,400.00

Recompletion - Alta Briscoe #1 Well - Texas - Coming soon

Status: 1 Bbl/day (Oil) & 40-45 Mcf/day gas
State: Texas
County: Jack County
Production start-up: Summer 2025
Production: Estimated 5 Bbl/day (Oil) & 150 Mcf/day after completion.
Price: The work is expected to cost. $90.000.-
A minimum of 5.00% working interest must be purchased at a time for $18,000.-
There is a total of 25.00% for sale.
Well Type: Oil & Gas Well
Net Revenue Interest: 78.00 %
Notes: Prospect data expected shortly. Get in touch if you would like to join the waiting list

Summary:
The Alta Briscoe #1 well is situated in Jack County, approximately 10 miles northwest of Jacksboro, Texas. The well is currently producing from the Marble Falls and Conglomerate formations, with perforations between 5050 and 5240 feet. It is generating an output of 1 barrel per day of oil, 40-45 thousand cubic feet per day of gas, and 50 barrels per day of saltwater.
We propose to perforate the Caddo zone (between 4850 and 4880 feet), as well as acidize and fracture all three zones.
The cost of the recompletion is estimated at $90,000. Our new production estimates post-recompletion are projected to be five barrels per day of oil, 150 thousand cubic feet per day of gas, and 80 barrels per day of saltwater. We also have access to a saltwater disposal well.
The well is fully equipped and ready for production. Offering a 25% working interest at a 78 NRI for the cost of $90,000.
If you're interested in participating in an oil well that produces both oil and gas, this opportunity is available. A minimum working interest of 5.00% must be purchased at a time, which costs $18,000.00.