“Black Diamond ORRI”

Midland County, Texas

Producing ORRI

•    Asking Price: $1,267,200

•     1,536.00 Gross Acres

•    46.08 Net Royalty Acres

•    0.3750% ORRI

•    Operated by Endeavor Energy Resources, LP

•     Primary Horizontal Objectives:
Lower Spraberry, Upper & Lower Wolfcamp A and Upper & Lower Wolfcamp B

•    Secondary Horizontal Objectives:
Middle Spraberry, Jo Mill, Wolfcamp C & Wolfcamp D

•     2 Producing Horizontal Devonian Wells

•    5 Producing Vertical Wolfberry Wells

•     8 DUC Horizontal Wolfcamp A Wells
2 DUCs Completed 05/2019

•     Average Daily Production:
40 BOPD & 168 MCFGPD (Gross)
0.15 BOPD & 0.63 MCFGPD (Net)

•    Average Net Income:
$184 / Month