Eternity Law International Drilling company in the USA

Drilling company in the USA

Published:
September 13, 2020

The drilling company is seeking one or more working interest participants or investors to fund the drilling of a Proved Undeveloped (PUD) location in St. Martin Parish, Louisiana, the USA.  This location is based upon a combination of subsurface and a Seitel 3D seismic survey (a set of numerous closely-spaced seismic lines that provide a high spatially sampled measure of subsurface reflectivity. Typical receiver line spacing can range from 300 m to over 600 m, and typical distances between shotpoints and receiver groups is 25 m  (offshore and internationally) and 110 ft or 220 ft (onshore USA, using values that are even factors of the 5280 feet in a mile).  Detailed evaluation of the reprocessed 80 square mile 3D seismic survey supports the opportunity to get up dip from prior production in three field pay sands.  Total proved undeveloped reserves are estimated at 760 MBO.  Land costs are more that $0.25 million, dry hole costs are estimated more that $1.3 million, and completion & facilities cost more that $0.8 million for total estimated cost of more that $2.5 million.  The well site is a dry land location on an existing drill pad and a VUA has been determined.  The well will be deviated to a bottom hole location 900 feet southwest from the surface location.

A total of 100 acres of leasehold have been assembled on the project. 

Anticipated economic returns are excellent.  Payout is projected in 16 months.  Projected return to the investor from production of 760 MBO is more that $15 million.  This represents a return-on-investment of 7.4 to 1.0.   NPV-10 value is more that $5 million, a DROI of 3.2 to 1.0.  IRR is 51.0%.

For details: Julia.z@eternitylaw.com / Telegram @juliazhil

Please feel free to join our telegram channel in order to keep updated for the new offers for ready-made companies for sale.

Every day we have new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

You could be interested

Company in Switzerland with bank account for sale

Below you can see the basic information regarding the company in Switzerland with bank account for sale  Company in Swizerland – whats included: Company was incorporated in 2012; Company has bank account at UBS bank; The authorized capital of CHF 20’000 has been deposited and withdrawn; Declared activity: distribution of new and used goods for...

Company in Germany with Deutsche Bank account for sale

Below you can see the basic information regarding the company in Germany with Deutsche Bank account for sale Company in Germany – whats included: GMBH company for sale in Germany; Year of registration: 2022, Frankfurt; Bank account in Deutsche Bank; Authorized capital is fully formed; Clear company without activity; No debts; Full support. You can buy...

Company in the UK for sale

Company with bank account in the UK Company in the UK incorporated on February 2018; Opened a bank account in a HSBC London; The price includes a VAT account; The company had no operations in 2020 and 2021; No debts. Asking price for company in the UK: on a request. Details: nick.b@eternitylaw.com, Telegram @beihuln Please feel...

USA Commercial Bank for sale

Buy Commercial Bank in USA A commercial bank registered under the jurisdiction of the United States is for sale. The offer is active. The range of services provided by the bank includes the following: opening and maintaining a deposit account on favorable terms for the client, which are selected in accordance with certain needs; issuance...

Company with bank account in Turkey for sale

It’s presented for your attention for sale company with bank account in Turkey. Don’t lose unique opportunity to purchase Turkish company with bank account! Company was registered in 2019. Bank account is in VakifBank Turkey. Office is in Antalya. Company with bank account in Turkey for sale is acting as an agent on behalf of...

MSO licensed company in Hong Kong for sale

Company in Hong Kong MSO license obtained in 2019 Not operational, clean company Maintenance services cost for MSO to keep the license – 3000 EUR/per month, included: Company secretary; Mail collection; Declaration of compliance; Responding to Customs Inquiries and Inspections; Renewal of license; Provision of compliance officer and anti-money laundering officer in Hong Kong, including...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7