Acquired: January 07, 2008
Square Footage: 73,000
Property Type: Industrial
Acquired: January 07, 2008
Square Footage: 73,000
Property Type: Industrial
2802 E. 13th Street, LaPorte, TX
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.