Scurry County Energy Fund TwoSCEF II
A $14.5M oil well drilling program in the Permian Basin targeting the Penn Black Shale (PBS) formation
King contributing $40M-plus in assets to the Partnership
Seasoned operator with 20 years experience in the Permian
Three existing producing wells within the SCEF II perimeter and in the PBS formation, currently producing 210 bbl/day
For almost a century, The Permian has been the most prolific oil & gas region in the nation.
Lower service provider costs and advanced extraction technologies make program economical at $30/bbl
Compelling financing program to maximize value
Investor reaps 80% of pro rata cash flow until payout
Follow-on plan for qualifed participants
"The Permian Basin has produced over 29 billion barrels of oil and 75 trillion cubic ft. of gas, and it is estimated by industry experts to contain recoverable oil and natural gas resources exceeding what has been produced over the last 90 years."TEXAS RAILROAD COMMISSION
If you are uncertain whether a General Partnership or Limited Partnership is the right investment option for you, contact the person who recommended you to this offering. Or reach out to one of our representatives below.
CONTACT
- JAY YOUNG: 214-420-3000
- jayyoung@kingoperating.com
- STEPHEN PERKINS, CFA: 972-447-3578
- sperkins@kingoperating.com
- MICHAEL HUGHES: 949-233-5451
- mhughes@hughesenergyresources.com
- TOM GRAY: 972-930-1161
- tgray@kingoperating.com
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