Low-Risk Development Antelope Valley Joint Venture

Plano, TX
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Asking Price:$100,000
ASSET SALES DESCRIPTION

Powder River Basin - Campbell & Converse Counties, WY

The Antelope Valley Joint Venture involves the drilling and completion of eight new horizontal wells with two different operators, EOG Resources and WRC Energy, located in the prolific Powder River Basin in Campbell and Converse Counties, Wyoming. Antelope Valley is comprised of three different projects with the current status of the eight wells as follows: 1) six wells permitted, with initial holes drilled in early August 2024, and 2) two wells permitted, to drill in 2024.

Eagle Natural Resources considers these projects to be more of a "mining process" than an exploration or "wildcatting" play since the oil is in place and horizontal drilling and multi-stage hydraulic fracturing can be used to extract the oil economically.
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We look forward to sharing the merits of adding the Antelope Valley JV to your Oil and Gas Portfolio.

Eagle Natural Resources
www.eaglenaturalresources.com

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ATTACHED DOCUMENTS
Antelope Valley JV Book.pdf.pdf Download
Antelope Valley JV CIM.pdf.pdf Download

DETAILED INFORMATION
Location
Plano, TX
Facilities
Project 1 (Reyes) consists of drilling four new horizontal Niobrara wells with EOG Resources as operator. EOG Resources has already produced 8.7 million barrels oil and 43 billion cubic feet gas from 50 horizontal Niobrara wells in the Powder River Basin to date. Project 2 (Bald Mountain) consists of drilling two new horizontal wells with WRC Energy as operator. WRC Energy has already produced 3.5 million barrels oil and 10 billion cubic feet gas (or 5.2 million barrels oil equivalent) from 19 horizontal Frontier wells in the Powder River Basin to date
Support & Training
ENR Operating is a wholly-owned subsidiary of Eagle Natural Resources, an independently owned oil and gas asset acquisition and management company with an extensive – and growing – portfolio of income-producing assets and developmental drilling inventory nationwide. Request an investor kit today by calling or visiting our website.
Reason for Selling
Investment Opportunity

BUSINESS LOCATION
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Jeremy Paul
Jeremy Paul