
Covington Ridge
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Average Monthly Cash Flow: $3,200
Estimated Annual Revenue: $38,400
Expected Annualized Return: 11%-12%
Amount Available: $300,000
Operators: XTO, EnerVest
# of Producing Wells: 21
% Oil / % Gas: 0% Oil / 100% Gas
Property Notes: One of the most prolific natural gas fields in the last 20 years. Very consistent production from geo‐focused operator.
Average Monthly Cash Flow: $3,200
Estimated Annual Revenue: $38,400
Expected Annualized Return: 11%-12%
Amount Available: $288,000
Operators: Enterprise Energy
# of Producing Wells: 10
% Oil / % Gas: 90% Oil / 10% Gas
Property Notes: Permian Basin property with long‐life reserves and consistent production. Spacing for additional upside.
Average Monthly Cash Flow: $2,000
Estimated Annual Revenue: $24,000
Expected Annualized Return: 10%-11%
Amount Available: $200,000
Operators: XTO, ConocoPhillips
# of Producing Wells: 19
% Oil / % Gas: 85% Oil / 15% Gas
Property Notes: Heavy‐Bakken operators with additional running room for new wells in the future. Multiple formation opportunities.
Average Monthly Cash Flow: $900
Estimated Annual Revenue: $10,800
Expected Annualized Return: 9%-10%
Amount Available: $120,000
Operators: OXY Resources
# of Producing Wells: 4
% Oil / % Gas: 70% Oil / 30% Gas
Property Notes: Central Basin Platform in the Permian Basin with Top ‐3 operator property with long‐life reserves and consistant production.
Average Monthly Cash Flow: $5,000
Estimated Annual Revenue: $60,000
Expected Annualized Return: 11%-12%
Amount Available: $400,000
Operators: Marathon, Devon
# of Producing Wells: 17
% Oil / % Gas: 75% Oil / 25% Gas
Property Notes: Major operators in the heart of the Eagle Ford Shale region. Good mix of both oil and NGL’s (natural gas liquids).
Average Monthly Cash Flow: $3,200
Estimated Annual Revenue: $38,400
Expected Annualized Return: 11%-12%
Amount Available: $300,000
Operators: XTO, EnerVest
# of Producing Wells: 21
% Oil / % Gas: 0% Oil / 100% Gas
Property Notes: One of the most prolific natural gas fields in the last 20 years. Very consistent production from geo‐focused operator.
Acquired: May 10, 2005
Square Footage: 238,641
Property Type: Office