carl fekpe
columbus, OH (USA)
Role(s):
Founder/Owner/Principal
edem oil llc
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Startup
Location:
columbus
Industry:
Other
Year Founded:
2008
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Oil Deal $6 million Est. 500 BOPD .17,400,000 + Barrels still in place
OIL WELL WITH 17MILLION BARRELS IN RESERVES READY TO BE SOLD.. RESIDAUL INCOME.
0VER
17MILLION BARRELS OF OIL AT $95 PER BARREL = $1,615,000,000BILLION GROSS INCOME. WILL GIVE 20% OWNERSHIP TO INVESTOR OVER LIFE TIME OF THE PRODUCING OIL WELL
Proposal Summary:
PLEASE GIVE ME CHANCE. I CURRENTLY OWN 2% OF AN OIL WELL
Oil Deal $6 million Est. 500 BOPD
Turnkey operation.
Secondary recovery plan to place 10 wells into production in the I sand, utilizing a combination of submersible pumps and injection wells to maximize production.
Estimated Production After Initial Workovers: Up TO 500 Barrels Of Oil Per Day.
Estimated Total Recoverable Reserves of 2,000,000+ Barrels of Oil
Benefits and Features:
50 W.I. , 75% NRI
h 4500 + acres with solid PDP and PDNP reserves;
h Original 25,000,000 Barrels of Original Oil in Place
h Production to date of 7,600,000 Barrels leaving 17,400,000 + Barrels still in place;
h Behind Pipe Reserves in the Yegua and Cook Mountain formations, many of which were
abandoned prematurely;
h Additional workover and new drill opportunities exist, offering the potential to substantially
increase production beyond the initial Field Redevelopment Plan;
h Gas production to date of 96 BCF with an estimated 56 BCF still in place;
h Established Pipeline to deliver and sell produced Gas;
h The entire Leasehold is unitized and can be held by the production of one well;
h A field study conducted by worldwide industry leader in reservoir engineering and simulation technologies (BML Field Study), detailing estimated original oil and gas in place in the field and potential production from the various reservoirs
(URL removed)
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Management Team:
(URL removed)
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Return On Investment:
I'M OFFERING 20% OWNERSHIP TO THE INVESTOR(S) FOR THE LIFETIME OF THE WELLS COULD BE 15YEARS AND WILL NET THE INVESTOR $323M.
PLEASE SEND ME AN EMAIL IF YOU ARE INTERESTED: (URL removed)
I CAN SEND YOU AN EXECUTIVE SUMMARY. EVERYTHING IS IN PLACE ITS A TURNKEY BUSINESS, EVERY MONTH WE SELL THE BARRELS OF OIL THATS ALL. NO INVENTORY NEED. PLEASE GIVE ME CHANCE.