FAYETTEVILLE SHALE
NON-OPERATED POSITION

Located in Cleburne, Conway, Faulkner, Independence, Pope,
Van Buren and White Counties, Arkansas

     

  • Non-Operated interests in approximately 400 producing wells
  • Consistent 2.5% W.I. in 232 governmental sections
  • Average net revenue interest: 83%
  • All acreage held by production
  • All rights being conveyed
  • Strong, experienced operators: Chesapeake & SEECO
  • Nearly all wells are horizontal
  • Effective date 11/01/08

Existing Production:

  • 6,610 MCFD net sales projected for November, 2008
  • $1,133,396 net cash flow projected for November, 2008

Expected Near-Term Development Potential

  • 100 wells currently drilling or completing
  • Additional 690 horizontal wells to be drilled by end of 2011
  • 10-well-per-section drainage pattern approved by AOGC

Upside:

  • Distributed ownership throughout the core of the Fayetteville Shale play
  • Non-Fayetteville development and discoveries, currently unidentified
  • Additional access to gas markets with planned Fayetteville Express Pipeline
  • Possible incremental reserves from the refrac of existing Fayetteville
    perforations after 3 years of life.

NOTE: a Confidentiality Agreement (“CA”) must be executed prior to receiving the data
Package. Upon receipt of this request, Meagher will furnish to you a CA for execution.

BID DATE
NOVEMBER 20, 2008
EFFECTIVE DATE
NOVEMBER 01, 2008
CLOSING DATE
DECEMBER 15, 2008
For Questions, please contact:
Teri Williams
(918) 481-5900 ext. 222
Jacque Semple,
Project Coordinator
(918) 481-5900 ext. 221
Bob McNulty, P.E.
(918) 481-5900 ext. 229
Jack Kessler, C.P.L.
(918) 481-5900 ext. 230

 

 

AdobeDownload Listing Details (Adobe Acrobat, 488 KB)
FilesOrder This Data Package (Physical Delivery)

replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords