Participation Available for this horizontal oilwell drilling program in northeast Texas that is already producing oil. This 4,400-acre field with 36 million Barrels of Original Oil in Place (OOIP) per Exxon field study. Legacy oilfield discovered in 1950s, has produced approximately 12 million Barrels to date. Up to 20 wells may be drilled with production estimated as much as 2000-5000 barrels of oil per day. Well experienced management team in place. Field is currently producing and is ready to drill more wells. Industry Professionals and Accredited Investors Only. Fabulous tax benefits: This property qualifies for 1031 Exchange with Real Estate. Additional tax incentives include IDC writeoffs, Depletion Allowance, etc. Up to 100% tax free benefits first year. Minimum $80,000 investment. Prospects ready to drill. No loan brokers please! Drill Baby Drill