Marketed: Dewbre Petroleum South Texas Conventional Development Project

The following information is provided by Energy Advisors Group (EAG). All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Energy Advisors Group (EAG) has been retained by Dewbre Petroleum to source capital for the development of its Vicksburg (Guerra and Y) position located in South Texas’ McAllen Field in Hidalgo County. The operated acreage position offers a solid low-decline production base of mature conventional oil and gas in South Texas Vicksburg Trend.

Quick Highlights:

• 13-Producers. 13-PDNP, 10-PUD, 1,166-Gross Acres in McAllen Field Hidalgo County, Texas
• Vicksburg (Guerra and Y ) and Frio Sands
• Identified Recompletion Opportunities
• PUD Target Intervals: 12,000-15,000 total vertical depth. 3D Seismic and Extensive Well Control
• 13 PDNP Opportunities. 10 Infill PUDs
• 75% working interest on PDP; 25% Carry on PDNP's/ 25% Back in PUDs
• PUD IP30 Rate: 5-6 MMcfe/d. Estimated EUR: 6-7 Bcfe/PUD Location
• Multiple Gas Marketing Options

A virtual data room is available. For information contact EAG directors and co-project leads, Alan Yoelin at ayoelin@energyadvisor.com or Sara Davis at sdavis@energyadvisors.com.