 For Sale Oil Reserve, Tx, Usa (Offer to Sell)
Trade Lead Description:
Herewith A full package for Crude Oil Reserves
in TX, USA, For Sale Price is US$ 175 M,
with Commission 5% All Inclusive.
If Interested, Need LOI + NCND to proceed the
transaction.
The Investor need to invest US$350 Million in full development of this Oil Fields
If the BUYER real and ready to buy it, Need LOI or MOU
on buyer Letterhead to proceed the transaction.
CALCULATIONS:
Volumetric capacity at 24% por. = 1,863 barrels per acre ft. volume
73 ac. x 1,087 Bbls. = 136,062 Bbls per acre volume
136,062 Bbls per acre x 7325.94 acres = 1,051,210,885 Bbls volume
82% oil by pore volume = 1,051,210,885 Bbl volume x. 82 =
861,992,925 Bbls of oil by pore volume in place
189,217,959 Bbls of water by pore volume in place
RECOVERY:
30% Recovery:
861,992,925 Bbls. Oil x. 30 = 258,597,877 Bbls of oil recoverable
60% Recovery:
861,992,925 Bbls. Oil x. 60 = 517,195,575 Bbls of oil recoverable
ECONOMICS
REVENUE INTEREST:
The Franke Ranch has as a base
| Type of Offer: |
Offer to Sell |
| Quantity: |
Not Specified |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Not Specified |
Posted from US - California on 15 November, 2011
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