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KS Wildcat "Cheap" Roll of the Dice

United States

KS Wildcat
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Asking Price: $9,500

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

KS Wildcat "Cheap" Roll of the Dice

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Business Description

80 acre lease with 400 acres for expansion in Jefferson County, KS

Lease has produced from 1,500' in McClouth Sand

Now the wildcat:

1 well half a mile away was drilled to 3,200' in the 1920's with only geologist notes showing 100ft of oil never completed around 3,100'. The notes, however, make it very appealing for further inquiry with academics keenly interested in the tests.

Plan is to drill to 3,200' to test multiple zones for oil, gas, condensate, He, etc.for economic development (based on academic hypotheses).

McClouth Sand (secondary target) estimated to produce 2-5 bopd if primary target uneconomical.

75%WI available @ 85%NRI for blocks of 5%WI @ $9.5K to the casing point only. Cash call based on findings for completion.

Contact us if interested

Detailed Information

Business Website:
http://knikenergy.com
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John Mink

Business Listed By:
John Mink

Knik Energy Inc

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