Current Engagements

Please contact Melinda Faust to learn more about our current offerings.

Melinda Faust, Director
(713) 595-1004

Core Utica ORRI Opportunity

  • ~6,325 net royalty acres (@1/8)
  • ~$6MM annual cash flow (LTM)
  • ~8 MMcfed net production
  • ~150 producing wells (avg. ~0.70% RI)
  • High activity levels including 5+ wells completed/month (avg. LTM), 3 rigs currently running on-lease, and 31 wells in-progress
  • Bids due November 14, 2018

Ector County Barnett Oil Opportunity

  • 14,637 net acres across a large, contiguous, and operated position ideal for extended reach laterals (XRL) and pad development
  • Development plan includes ~120 operated hz Meramec/Barnett Shale locations (1.8 MBoed, 2.3 MMBoe, ~75% liquids)
  • Assets target Miss. aged rock transitioning from massive carbonate to organic rich shale, similar to the prolific STACK play of Central Oklahoma
  • Avg. petroleum system thickness of ~700 ft with dual source rocks and OOIP of 100+ MMBO/sec
  • High level of offset activity including Oxy, XTO, Diamondback, Elevation, Zarvona, and others
  • Bids due December 5, 2018