White Davis Holdings Mineral Interest Project
Howard and Martin Counties, Texas
2,898.80 Gross Acres
1,314.50 Net Acres
8.33% to 12.50% Royalty Interest
Producing Formations:
Spraberry, Wolfcamp, Cline, Strawn, Pennsylvanian, Atoka & Mississippian
Potential Horizontal Objectives: Lower Spraberry, Wolfcamp A & Wolfcamp B
Possible Horizontal Objectives: Middle Spraberry & Wolfcamp D/Cline
46 Producing Vertical Wells
Average Daily Production:
419 BOPD & 2,849 MCFGPD (Gross)
39 BOPD & 255 MCFGPD (Net)
Average Net Income: $65,600 / Month