oil & gas assets

land or farmoutsCORE MARCELLUS LEASES

Lands & Acreage For Sale or Farmout. Available Through PLS Synergy Marketing Group
All Standard Disclaimers Apply & Seller Rights Retained


CORE MARCELLUS LEASES
CORE MARCELLUS LEASES
~3,060 Gross Acres. ~2,370-Net Acres.
PLEASANTS & RITCHIE COS., WV
Proved Undeveloped Acreage With
Running Room For Hz Development
100% OPERATED WI; 80%+ NRI
Lease Line Offset Permitting by Jaybee
Upside Potential in Utica
Additional Acreage Available to Acquire
~3-Yrs Left On Primary Term & Majority
With 5-Year Options To Extend
L 7213DV
Sale Points
Summary
PLS Energy Advisors Group has been retained by HERC Oil & Gas to market their Core Marcellus acreage in Pleasants County, West Virginia. HERC's assets include 3,058 Gross Acres (2,373 Net) in ~1,300 BTU liquids rich Core Marcellus Fairway delivering 100% Operated WI & 80+% NRI. There are approximately 3-years left of the primary term (expires 2020) with the majority of the acreage with 5-yr options. HERC's position is proven and undeveloped with running room for horizontal development. Additional acreage available to build out even larger position.

Area Activity
HERC's highly prospective position is surrounded by premier operators in the area such as EQT, CONSOL, Jay Bee, HG Energy & Antero. Current drilling & completion costs in the area range from $750,000 to 825,000 per 1,000' lateral with area well EURS delivering 2.1 Bcfe per 1,000' to 2.9 Bcfe per 1,000'. Promising Results from wells near the HERC position with IP's ranging from 4.0 MMcf/d to 14.0 MMcf/d.

Upside Potential in the Utica
The Utica play is trending towards HERC's acreage position with several strong completions and permit activity from the North, West and East. Jay-Bee has permitted a Utica horizontal just off the HERC acreage in Pleasants County to the North and currently has a rig running to begin operations on this well.

TO LEARN MORE
PLS Energy Advisors Group
Mr. Rich Martin
Vice President - A&D
One Galleria Tower Ste 1100
Dallas, TX 75240
USA
Direct: 972-348-5534 and Cell: 817-312-1508
Email: rmartin@plsenergyadvisors.com
Questions Regarding This Asset? Email Rich Martin or call PLS at 972-348-5534

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Questions Regarding This Asset?
Email: Rich Martin
Call: 972-348-5534



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All Standard Disclaimers Apply & Seller Rights Retained
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