Kimbrel Oil Corp.
Transaction Type
Sellers
Marketers
Post Date
Estimated Price
0MM
Description
Kimbrel Oil Corp. has retained Smart Brothers LLC to sell the Dickie Ranch waterflood unit in Stephens County, Texas.
The package involves a 99.4% working interest (73.277% net revenue interest) on the 240-acre unit targeting the Strawn sand. Upside includes three proved undeveloped locations plus operational enhancements. Some 500,000 barrels of recoverable potential remains.
Contact Paul Smart, 405-478-0404, info@smart-bros.com.