Optimum 7 Well Joint Venture

Optimum 7 Well Joint Venture

Income

Structure

Equity

Asset Class

Industrial

Location

Dallas, TX

4.00%

Target Return

$87,500

Minimum

48 Months

Hold Period

About

Optimum Energy Partners is an independent oil and natural gas company engaged in the acquisition, development, exploration and production of oil and natural gas properties. The Powder River Basin is a geologic structural basin located in southeast Montana and northeast Wyoming. It is about 120 miles east to west and 200 miles north to south. The thickest geologic section in the Powder River Basin is composed of Cretaceous Age (66 to 146 million years ago) rocks. This Cretaceous Age section is a regressive sequence of mostly marine shales and sandstone that were deposited in the Western Interior Cretaceous Seaway, which was an ancient, large inland sea that split the continent of North America into two landmasses. The Powder River Basin contains major deposits of oil and gas, including the …

Highlights

TAX BENEFIT FOCUSED OFFERING
FOR SOPHISTICATED INVESTORS ONLY
Intangible Drilling Costs (IDC) Deductions
Tangible Drilling Costs (TDC) Deductions
Bonus Depreciation
Cash Flows from Oil & Gas Sales

Investment Return Calculator

Investment Amount

$87,500

Min: $87,500Max: $1,000,000

Target Annual Return

4.00%

Time Horizon

Min hold: 48 months

Benchmarks

Estimates are illustrative; actual results may vary.

Invested Capital

$87,500

Estimated Value

—

Estimated ROI

—

Projected Profit

—

Run a calculation to preview growth

The Market

Dallas, TX

The Middle Pennsylvanian Age (318.1 to 307.2 million years old) Cherokee Group is productive throughout most of Oklahoma. This area includes the Anadarko Basin and the adjacent shelf areas of south-central and northern Oklahoma. The Cherokee Group is one of the most active oil and gas plays in the Anadarko Basin, having produced over 1.2 trillion cubic feet of gas to date. In 1992, the Cherokee Group was estimated to have 1.04 trillion cubic feet of untapped natural gas reserves. Currently, since applying horizontal drilling and fracking techniques to the Cherokee Group, including the Cherokee Shale, it has also become a significant producer of natural gas liquids and oil. The Red Fork Formation is the deepest productive member of the Cherokee Group, with the primary development area locat…

Common Questions

Relli connects investors with exclusive real estate opportunities by acting as a trusted intermediary. Our marketplace is comprised of experienced sponsors, curating a pipeline of deals that match your investment criteria. This means you gain direct access to high-quality real estate sponsors without paying a commission.

Our sponsors are seasoned real estate professionals with strong backgrounds and a proven track record of success. We work exclusively with sponsors who have demonstrated expertise and deep industry knowledge, ensuring that every opportunity on our platform meets rigorous standards of quality and performance.

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Currently, we don't offer property visits due to logistical complexities and the diverse locations of our investments. However, we provide comprehensive property details, photos, and updates on your investment properties through our platform so you can stay informed.

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