Producing well 9-10 BBl/Day in SOUTH LOUISIANA

LAFAYETTE, La. - Feb. 9, 2023 - PRLog -- Translator

This well we have been producing since 2011 from its current sand @4500 feet, we still have 5 other zones we can recomplete and produce from when that time comes.

BERGERON #1

Five (5) Recompletes
1,200' Sand 12 MBO
1,350' Sand 6 MBO
2,000' Sand 12 MBO
3,350' Sand 7 MBO
4,000' Sand 3 MBO
Producing 12 MBO (4500 sand)
Total Est. Res's 52 MBO

BERGERON NO 1 – ON PRODUCTION IN 4,500' SAND –. Pumping 9-10 bod.

The BERGERON NO. 1 was completed as an oil well in 2011. The well has produced +/- 31,683 barrels of oil in the 4,500' Sand and is currently making 8.5-9 bod with a flat decline rate. The well has numerous recompletions remaining in the wellbore. The effective date of the sale will be on the month following the purchase. Working Interest owners are expected to pay monthly Joint Interest Billing costs that are necessary to keep the well on production. An example of this is electricity, gauging, overhead to operate chemical charges, insurance etc. Normally these costs will be less than the revenue with a positive cash flow each month. At times a larger expense may be necessary, to remedy an issue and a workover rig may be needed to perform the work. In this case the working interest investor will be notified prior to a rig being mobilized on location with an estimated cost to perform the work.

Offering Working Interest in this producing well. The cost per 1% Working Interest is $8.250,00 per point and N.R.I. is 70 %. There is a salt water disposal well near the Bergeron well to minimize disposal costs of produced waters.

Working interest will be sold as we want to raise capital to develop new areas in our portfolio with 10% left for sale.

More information, you just need to make contact to us.

http://www.energyneresources.com