EnerGyne Resources, invest in oil wells in Texas & Lousiana

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

GET MORE INFORMATION CLICK HERE
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.

Production Deal - Multi-Well Project With 8 Active Wells - FUNDING OPEN!

Status: 39 Bbl/day (Oil) & 125Mcf/day gas
State: Louisiana
Price: $17000 Per Unit
As a minimum, you need to purchase 0.50 unit $8500.
Well Type: 3 x Oil wells & 1 x Gas Well + 4 saltwater wells.
Net Revenue Interest: 70.00 %
Field Pictures: CLICK HERE

Summary:
SOUTH LOUISIANA - 4 WELL PRODUCING PROPERTY
Split-up:
1. No. 1 – 2% Working Interest per Unit2. LL&E No. 1 – 2% Working Interest per Unit3. No. 2 – 2% Working Interest per Unit4. No. 1 – 2% Working Interest per Unit
Payout:
$/bbl Payout Month´s$50 46$55 35$60 29$65 24$70 21
Summary per well.
I. NO 1 – On production in Breaux SAND – Pumping 5-6 bod (barrels of oil per day). Needs Pump Change. Cost included in purchase
The No. 1 was re-entered and completed as an oil well in 2011. The well has produced over 37,000 barrels of oil to date and was making 10-12 bod (barrels of oil per day) with a flat decline rate. However, the rate declined to +/- 6 bod, and the downhole pump needs to be changed to bring it back up to the current rate of 10-12 bod. The cost to perform the pump change out is included in the purchase price. Further, the #1 well has numerous re-completions remaining in the wellbore, which adds value to this purchase. We are offering a 2% Working Interest per Unit sold in this producing well. There is a saltwater well near the Bergeron well to minimize the disposal costs of produced waters.
2. LL&E NO 1 – On production in Rob 3 sand – Pumping 20-23 bod (barrels of oil per day).
The LL&E No 1 was drilled and completed as an oil well in 2013. The well has produced over 165,000 barrels of oil to date and is producing at 20-23 bod on a slow decline rate. We are offering a 2% Working Interest per Unit sold in this producing well. There is a saltwater disposal near the LL&E No 1 well to minimize the disposal costs of produced waters… No remedial work is needed.
3. No 2 – On production in 5200’ SAND – Pumping 7-8 bod (barrels of oil per day).
The No 2 was drilled and completed as an oil and gas well in 2014. The well has produced close to 48,000 barrels of oil to date and is producing at 7-8 bod on a flat decline rate. LLC is the current operator of this well. We are offering a 2% Working Interest per Unit sold in this producing well. There is a saltwater well near the Bergeron well to minimize the disposal costs of produced waters. No remedial work is needed.
4. No 1 – On production in 10,500’ Sand – Flowing 125 mcfd
The No 1 was drilled and completed as an oil and gas well in 2015. The well has produced almost 19,000 barrels of oil and 1,100,000 mcf (thousand cubic feet of gas from numerous completions. The well is currently producing +/- 125 mcfd and +/- .5 to 1 bod. Shelf is planning to stimulate the well and increase production to +/- 250 mcfd. The cost to perform the work is included in the purchase price. The well has numerous recompletes, which add value to this purchase. We are offering a 2% Working Interest per Unit sold in this producing well. There is a saltwater disposal well near the Brookshire #1 to minimize the disposal costs of produced waters.

If you would like more information, or would like a phone/zoom meeting with us, please get in touch.
You can read the JOA (Joint Operating Agreement) from our partner Click Here