OIL & GAS Exploration/Drilling Investments

Working Interest Participation

CLOSED/SOLD INVESTMENT DATA 2024

MM#100763.000
SOLD
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CO. / ST: GRADY CO., OK
OPERATOR: PALOMA
PARTNERS IV, LLC
FORMATION: MISSISSIPPIAN

PROSPECT DETAILS

WELL STATUS: WAITING TO SPUD

DATE: 5/2/23
WELL NAME: Van Schuyver 13_24_25-8N-7W 3M
UNIT: Sec. 13+24+25
SEC/TWN/RNG: 13 | 8N | 7W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 14,000 | 29,000 | 15,000
FORMATION: Mississippian
OPERATOR: Paloma Partners IV, LLC
AFE: DRY HOLE COSTS: $5,153,875.00
AFE: COMPLETION COSTS: $7,237,699
AFE: TOTAL CWC: $12,391,574
TOTAL NMA: 2.50000
ROYALTY: 0.77000
UNIT SIZE: 640.00000
ALLOCATION: 33.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 0.128906%
NET REVENUE INTEREST: 0.099258%
DRY HOLE COSTS: $6,643.65
COMPLETION COSTS: $9,329.83
TOTAL COMPLETED WELL COSTS: $15,973.48
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