"Cole Ranch Royalty Interest”
Glasscock County, Texas

• Asking Price: $675,000
   

• 3,220.60 Gross Acres
   

• 50.3219 Net Royalty Acres
   

• Operated by Diamondback E&P, Apache Corporation, Endeavor Energy Resources & Pioneer Natural Resources
   

• Primary Horizontal Objectives:

  Lower Spraberry, Wolfcamp A, Upper & Lower Wolfcamp B & Wolfcamp C
   

• Secondary Horizontal Objectives:

  Middle Spraberry & Cline/Wolfcamp D
   

• 3 Producing Horizontal Spraberry & Wolfcamp Wells
  

• 53 Producing Vertical Wolfcamp Wells
  

• Average Daily Production:
  375 BOPD & 1,963 MCFGPD (Gross)
  0.73 BOPD & 3.83 MCFGPD (Net)
  

• Average Net Income:

  $1,401 / Month