OUR
RECENT SUCCESSFUL CLOSINGS
To review our currently available properties CLICK
HERE!
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SOLD
Royalty Interest
Prolific North Cowden Field
Ector County, Texas
 |
Long Life Production |
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272,385 BOPM + 117,726 MCFPD (8/8THS) |
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33 BOPM + 11 MCFPM |
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(9) Properties |
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(3) Major Operators |
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$2,000 Net/Mo Operating Income |
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3,151 Gross Acres |
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SOLD
Operated Properties – Eddy County, NM
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(35) BOPD + (50) MCFPD
(8/8ths) |
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$34,000.00
Net Monthly Operating Income |
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(5)
Producers + (1) SWD |
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100%.
WI & 80% Avg. NRI |
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(1)
Drilling Location, PUD |
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SOLD
West
Texas Operated Properties
(Gaines,
Martin & Midland Counties, Texas)
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(21)
Bopd + (47) Mcfpd (8/8ths) |
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$18,500
Net/Mo Avg. Operating Income |
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(4) Producers |
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NRI 80.7% |
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628
Acres |
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75%
to 100% WI & 77 -80% NRI |
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Behind
Pipe Potential Identified (PDNP) |
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SOLD
Operated Properties w/ Development Drilling Potential
Crockett & Reagan Counties, TX
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(72) BOPD & 242
MCFPD |
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100% Working Interest
(Avg), 82% NRI (Avg) |
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$80,160 Net/Mo. Avg
Operating Income (Mar 05 - Dec 05) |
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(49) Producers, (1)
Injector Well |
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Shallow Production
- 2,500ft |
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920 Acres |
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(40) 10-Acre Drilling
Locations |
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Waterflood Potential |
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SOLD
Operated Properties
Kimble & Sutton Counties, TX
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Shallow Gas Production
|
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750 MCFPD & 27 BOPD
(8/8ths) |
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$82,000 Net/Mo Avg Operating
Income |
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(44) Producers |
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15,300 Acres |
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100% Working Interest,
83% NRI (avg) |
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3rd Party Engineering
Report Available |
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(3) - (4) Drilling Locations |
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SOLD
Operated
Properties
Pecos County, Texas
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(2,318) MCFGPD + (104)
BOPD (8/8ths) |
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$525,959 Net/Mo. Avg.
Operating Income (12 months 2/05 – 1/06) |
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(21) Operated Wells
(18 Producers, 3 SWD/Injector Wells) |
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4780 Gross Acres (+/-) |
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87.5 - 100% Working
Interest, 75 - 77% NRI |
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Shallow to Intermediate
Depths 5800 ft. – 7500 ft. |
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(5) to (6) Additional
High Potential Prospects (6500 to 7500 ft deep) |
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120 (+/-) Square Miles
of 3-D Proprietary Seismic Data |
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Workover Potential
* Gas Behind Pipe in (3) Wells
* Clearfork Oil Pay Behind
Pipe in (1) Well: Perf’d & Swabbed (5) BOPD
Rate: Excellent Frac Candidate. |
| Available on
April 10, 2006 |
|
|
OFF
THE MARKET
SOLD
Operated Property:
Gaines & Andrews County
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5,360 Gross Acres |
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San Andres & Queen
Formations |
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526 BOPD & 265 MCFPD
(8/8) |
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(66) Active Wells |
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San Andres PUDs (40 acre)
plus |
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20 Acre Potential in
Queen & San Andres |
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Secondary Recovery Potential
|
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Working Interest Varies |
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SOLD
Operated Properties w/Waterflood
Potential Fullerton (Clearfork) Field: Andrews County,
TX
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92.6% Working Interest
, 80.3% NRI |
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(20) Producing Wells |
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(170) BOPD & (167)
MCFPD (8/8ths) |
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Net Operating Income
$86,177/ Mo |
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(13) PUD Locations |
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Estimated Secondary Reserves
(2.5) MMBOE |
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Outside Engineering Report
available |
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SOLD
Operated WI :
Andrews
County, TX
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Significant Secondary
Recovery Potential |
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(25) Producing Wells |
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(650) Bopd, (700) Mcfpd |
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Net Operating Income
$456,300/Mo |
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This $29 million dollar transaction
was completed in 61 days from the date of listing contract!
SOLD
SE New Mexico - Non-Operated
Eddy
County, NM
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(926) BOPD
& (1.6) MMCFPD |
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(21) Producing Wells |
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2.9% WI - 75% NRI |
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Net Income $31,300/mo. |
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Active Drilling Program |
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Some of our other completed successful transactions!
•
Riviera has recently successfully negotiated the Sale for RUWCO Oil
& Gas Corp. Pecos County, TX. 101 BOPD, 2536 MCFPD, $428,736 Net/Mo.
• Riviera has recently successfully negotiated the Sale for
Larron Energy Corp. Farmer Field, Crockett & Reagan Counties,
TX. (72) BOPD, 242 MCFPD, $80,160 Net/Mo.
• Riviera has recently successfully negotiated the Sale of a
Non-Operated Interest, Wolfcamp/Spraberry Field, Upton County, TX.
260 BOPD, 500 MCFPD, 16,000 Net/Mo, 115 Well Drlg. Program.
• Riviera has recently successfully negotiated the Sale for
T. Russel Operating, Inc., Stephens & Shackelford Counties, TX.
(71) BOPD, (1.7) MMCFPD, $343,000 Net/Mo.
• Riviera has recently successfully negotiated the Sale for
Caprock Oil & Gas. Carm-Ann Field, Andrews-Gaines Counties, TX.
526 BOPD, 265 MCFPD, $245,000 Net/Mo.
• Riviera has recently successfully negotiated the Sale for
Discovery Exploration, Trinity Field, Lea County, NM., 1060 BOPD,
2230 MCFPD, $465,000 Net/Mo.
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