OIL & GAS Exploration/Drilling Investments

Working Interest Participation

CLOSED/SOLD INVESTMENT DATA 2022

MM#100587.000
SOLD
Property Image

MAJOR+BLAINE, OK

PROSPECT DETAILS

WELL STATUS: PRODUCING: COMPLETED 3/25/2023

DATE: 12/29/22
WELL NAME: Lavada 1-35MH
UNIT: Sec. 35
SEC/TWN/RNG: 35 | 20N | 12W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 8,295 | 12,820 | 4,525
FORMATION: Mississippian (less Chester)
OPERATOR: Crawley Petroleum Corporation
AFE DRY HOLE COSTS: $2,106,170.00
AFE COMPLETION COSTS: $3,024,666.50
AFE: TOTAL CWC: $5,130,836.50
TOTAL NMA: 80.94721
ROYALTY: 0.76000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 12.648002%
NET REVENUE INTEREST: 9.612482%
DRY HOLE COSTS: $266,388.42
COMPLETION COSTS: $382,559.88
TOTAL WELL COSTS: $648,948.30
MM#100760.000
SOLD
Property Image

CADDO, OK

PROSPECT DETAILS

WELL STATUS: SPUD 5/5/2023

DATE: 5/12/23
WELL NAME: Alameda 1112 1-8-5XHR
UNIT: Sec. 5+8
SEC/TWN/RNG: 8 | 11N | 12
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 9,850 | 19,500 | 9,650
FORMATION: Marchand
OPERATOR: Blake Production Company, Inc.
AFE DRY HOLE COSTS: $3,663,000.00
AFE COMPLETION COSTS: $4,515,500.00
AFE: TOTAL CWC: $8,178,500.00
TOTAL NMA: 42.33400
ROYALTY: 0.75000
UNIT SIZE: 640.00
ALLOCATION: 52.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 3.439638%
NET REVENUE INTEREST: 2.579729%
DRY HOLE COSTS: $125,993.94
COMPLETION COSTS: $155,316.85
TOTAL WELL COSTS: $281,310.79
MM#100572.000
SOLD
Property Image

ROGER MILLS+ELLIS, OK

PROSPECT DETAILS

WELL STATUS: PROPOSED

DATE: 12/1/22
WELL NAME: Lovett Brothers 1-28-21CHX
UNIT: Sec. 21+28
SEC/TWN/RNG: 28 | 16N | 23W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 10,650 | 20,500 | 9,850
FORMATION: Cherokee
OPERATOR: Upland Operating
AFE DRY HOLE COSTS: $4,117,298.00
AFE COMPLETION COSTS: $5,753,900.00
AFE: TOTAL CWC: $9,871,198.00
TOTAL NMA: 1.66667
ROYALTY: 0.77000
UNIT SIZE: 1,280.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 0.130208%
NET REVENUE INTEREST: 0.100260%/td>
DRY HOLE COSTS: $5,361.05
COMPLETION COSTS: $7,492.04
TOTAL WELL COSTS: $12,853.09
MM#100742.000
SOLD
Property Image

CANADIAN, OK

PROSPECT DETAILS

WELL STATUS: SPUD 9/4/2022

DATE: 4/26/23
WELL NAME: Niemann 1306 1H-6X
UNIT: Sec. 6+7
SEC/TWN/RNG: 7 | 13N | 6W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 9,000 | 19,771 | 10,771
FORMATION: Mississippian and/or Woodford
OPERATOR: Ovintiv USA, Inc.
AFE DRY HOLE COSTS: $2,731,220.00
AFE COMPLETION COSTS: $4,265,733.61
AFE: TOTAL CWC: $6,996,953.61
TOTAL NMA: 5.33333
ROYALTY: 0.77000
UNIT SIZE: 652.05
ALLOCATION: 50.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 0.408966%
NET REVENUE INTEREST: 0.314904%
DRY HOLE COSTS: $11,169.76
COMPLETION COSTS: $17,445.40
TOTAL WELL COSTS: $28,615.16
MM#100514.000
SOLD
Property Image

KINGFISHER, OK

PROSPECT DETAILS

WELL STATUS: ON HOLD

DATE: 11/4/22
WELL NAME: Lanphear 11-15-6 2MH
UNIT: Sec. 11
SEC/TWN/RNG: 11 | 15N | 6W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 7,762 | 13,022 | 5,260
FORMATION: Mississippian + Woodford
OPERATOR: BCE - Mach III, LLC
AFE DRY HOLE COSTS: $2,191,000.00
AFE COMPLETION COSTS: $1,523,149.00
AFE: TOTAL CWC: $3,714,149.00
TOTAL NMA: 7.00000
ROYALTY: 0.75000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 1.093750%
NET REVENUE INTEREST: 0.842188%
DRY HOLE COSTS: $23,964.06
COMPLETION COSTS: $16,659.44
TOTAL WELL COSTS: $40,623.50
MM#100514.000
SOLD
Property Image

KINGFISHER, OK

PROSPECT DETAILS

WELL STATUS: ON HOLD

DATE: 11/4/22
WELL NAME: Kinney Trust 8-15-5 2MH
UNIT: Sec. 8
SEC/TWN/RNG: 8 | 15N | 5W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 7,220 | 12,356 | 5,136
FORMATION: Mississippian + Woodford
OPERATOR: BCE - Mach III, LLC
AFE DRY HOLE COSTS: $2,191,000.00
AFE COMPLETION COSTS: $1,523,149.00
AFE: TOTAL CWC: $3,714,149.00
TOTAL NMA: 11.00000
ROYALTY: 0.77000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 1.718750%
NET REVENUE INTEREST: 1.323438%
DRY HOLE COSTS: $37,657.81
COMPLETION COSTS: $26,179.12
TOTAL WELL COSTS: $63,836.94
MM#100534.000
SOLD
Property Image

CADDO, OK

PROSPECT DETAILS

WELL STATUS: COMPLETING: SPUD 4/10/2023

DATE: 8/23/22
WELL NAME: McLemore 1-3
UNIT: Sec. 3
SEC/TWN/RNG: 3 | 8N | 10W
TYPE: Vertical
TVD/TMD/LATERAL LENGTH: 10,500 | 10,500 | N/A
FORMATION: Marchand
OPERATOR: GBL Exploration Inc.
AFE DRY HOLE COSTS: $1,087,230.00
AFE COMPLETION COSTS: $894,520.00
AFE: TOTAL CWC: $1,981,750.00
TOTAL NMA: 18.06875
ROYALTY: 0.77000
UNIT SIZE: 639.62
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 2.824919%
NET REVENUE INTEREST: 2.175188%
DRY HOLE COSTS: $30,713.37
COMPLETION COSTS: $25,269.47
TOTAL WELL COSTS: $55,982.83
MM#100528.000
SOLD
Property Image

BLAINE, OK

PROSPECT DETAILS

WELL STATUS: COMPLETING: SPUD 1/21/2023

DATE: 1/21/23
WELL NAME: Foster 1-2-11MXH
UNIT: Sec. 2+11
SEC/TWN/RNG: 2+11 | 18N | 13W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 9,523 | 19,385 | 9,862
FORMATION: Mississippian
OPERATOR: Crawley Petroleum Corporation
AFE DRY HOLE COSTS: $3,303,506.00
AFE COMPLETION COSTS: $6,157,650.00
AFE: TOTAL CWC: $9,461,156.00
TOTAL NMA: 58.60444
ROYALTY: 0.77000
UNIT SIZE: 1,282.74
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 4.568692%
NET REVENUE INTEREST: 3.517893%
DRY HOLE COSTS: $150,927.01
COMPLETION COSTS: $281,324.06
TOTAL WELL COSTS: $432,251.08
MM#100542.000
SOLD
Property Image

KINGFISHER, OK

PROSPECT DETAILS

WELL STATUS: POOLED

DATE: 11/8/22
WELL NAME: TBD 8-18-6 1HO/td>
UNIT: Sec. 8
SEC/TWN/RNG: 8 | 18N | 6W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 6,465 | 11,100 | 4,635
FORMATION: Oswego
OPERATOR: BCE - Mach III, LLC
AFE DRY HOLE COSTS: $1,458,710.00
AFE COMPLETION COSTS: $1,481,500.00
AFE: TOTAL CWC: $2,940,210.00
TOTAL NMA: 2.50000
ROYALTY: 0.77000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 0.390625%
NET REVENUE INTEREST: 0.300781%
DRY HOLE COSTS: $5,698.09
COMPLETION COSTS: $5,787.11
TOTAL WELL COSTS: $11,485.20
Oklahoma Texas MineralMen logo

For more information, contact MineralMen.

All available investments can be purchased directly from MineralMen until listed on EnergyNet. At that time, visit EnergyNet to bid.

Interested in an Investment or Leasing/Selling Minerals?

CONTACT US TODAY!