Current Engagements


South Texas Producing Property Opportunity

Stable Production base yielding significant cash flow ( ~4 MMcfe/d | ~$1.2MM 2019 operating income)

11,870 net acres (100% HBP) with ~88% of the position operated by Smith Production

Highly delineated position with 60 actively producing properties

Bids due July 22, 2020

Wolfberry Producing Property Opportunity

Low-decline production base (~12% decline | ~40 Boed net production)

218 net acres (100% HBP) across 6 producing units

100% operated by Prime Operating ( 14.6% WI | 10.9% NRI)

Bids due July 22, 2020

Teapot Dome Stacked-Pay Opportunity

10,141 net acres including mineral rights and ~9,000 acres of surface available through this process

340 Boed (~98% oil) net production and $1.4MM NTM PDP cash flow

Ongoing waterflood pilot with prolific reserves through expansion (~4.6MMBO)

Bids due August 19, 2020