RR

SOUTHEAST TEXAS OVERRIDE ROYALTY

Royalties & Overrides

All Standard Disclaimers Apply & Seller Rights Retained

SOUTHEAST TEXAS OVERRIDE ROYALTY
sticker showing that this deal is no longer available

GRIMES CO., TX SMALL ORRI

9-Wells. 7-Active. ~98-NRA

BB (COCKFIELD) FIELD

COCKFIELD FORMATION

Shallow Oil Plays

2% Override Royalty For Sale

Gross Production: 50 BOPD

Net Volumes: 1.0 BOPD

Net Cash Flow: ~$3,000/Mn

Under Good Regional Operator

SOLD BY EAG - JUNE 2022

RR 4369DV

Southcoast Land Development, Inc. is selling their small overriding royalty interests in 7 producing wells located in Grimes Co., Texas. The interests are found in the BB (Cockfield), a Gulf Coast Central Basin target with consistent production and multiple offset drilling rigs.


Highlights---


  • GRIMES CO., TX SMALL ORRI FOR SALE
  • 9-Wells. 7-Active. ~98-NRA
  • BB (COCKFIELD) FIELD. COCKFIELD FORMATION. Conventional Oil Play
  • 2% Override Royalty Interests
  • Gross Production: 50 BOPD. Net Volumes: 1.0 BOPD
  • Net Cash Flow: ~$3,000/Mn
  • Under Good Regional Operator


Southcoast Land Development - Interests Map



Southcoast Land Development - Gross Production


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VDR & Bidding Process---

EAG has prepared a Virtual Data Room (See files on the right) for interested parties. The VDR includes current revenue statements, title documents, PHDWin database, and other necessary information.


Energy Advisors Group is running a sealed bid marketing process. All offers should be addressed to Southcoast Land Development, Inc c/o Carrie Calahan w/ EAG. Offers should be submitted in a standard Letter of Intent and include the following:


  1. Purchase Price
  2. Effective Date
  3. Closing Date


Please direct all inquiries to the EAG contacts listed below:


Carrie Calahan

VP, BD & Execution

ccalahan@energyadvisors.com

(713) 600-0137


Houston Office

1001 McKinney Street, Suite 2300

Houston, TX, 77002

Main: (713) 600-0123

Questions Regarding This Asset? Email Carrie Calahan 713-600-0137
Virtual Data Room
SOUTHEAST TEXAS OVERRIDE ROYALTY
sticker showing that this deal is no longer available

GRIMES CO., TX SMALL ORRI

9-Wells. 7-Active. ~98-NRA

BB (COCKFIELD) FIELD

COCKFIELD FORMATION

Shallow Oil Plays

2% Override Royalty For Sale

Gross Production: 50 BOPD

Net Volumes: 1.0 BOPD

Net Cash Flow: ~$3,000/Mn

Under Good Regional Operator

SOLD BY EAG - JUNE 2022

RR 4369DV

Southcoast Land Development, Inc. is selling their small overriding royalty interests in 7 producing wells located in Grimes Co., Texas. The interests are found in the BB (Cockfield), a Gulf Coast Central Basin target with consistent production and multiple offset drilling rigs.


Highlights---

  • GRIMES CO., TX SMALL ORRI FOR SALE
  • 9-Wells. 7-Active. ~98-NRA
  • BB (COCKFIELD) FIELD. COCKFIELD FORMATION. Conventional Oil Play
  • 2% Override Royalty Interests
  • Gross Production: 50 BOPD. Net Volumes: 1.0 BOPD
  • Net Cash Flow: ~$3,000/Mn
  • Under Good Regional Operator


Southcoast Land Development - Interests Map



Southcoast Land Development - Gross Production


?


VDR & Bidding Process---

EAG has prepared a Virtual Data Room (See files on the right) for interested parties. The VDR includes current revenue statements, title documents, PHDWin database, and other necessary information.


Energy Advisors Group is running a sealed bid marketing process. All offers should be addressed to Southcoast Land Development, Inc c/o Carrie Calahan w/ EAG. Offers should be submitted in a standard Letter of Intent and include the following:

  1. Purchase Price
  2. Effective Date
  3. Closing Date


Please direct all inquiries to the EAG contacts listed below:


Carrie Calahan

VP, BD & Execution

ccalahan@energyadvisors.com

(713) 600-0137


Houston Office

1001 McKinney Street, Suite 2300

Houston, TX, 77002

Main: (713) 600-0123

Questions Regarding This Asset? Email Carrie Calahan 713-600-0137