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Royalty interest in PDP (proven developed producing) wells
Utica Shale & Point Pleasant formations
50.0 net acres in Belmont and Jefferson Counties, Ohio
23 producing wells - 7 added in latest revenue month
Upside potential with additional wells at no expense to the royalty investor.
Operated by Ascent Resources
23.4% annualized yield in the most recent month (8.3% average 6-month annualized yield)
Yield has and is expected to continue to increase with the addition of new wells. Yield is subject to production and commodity price variability and is not guaranteed
15% tax-free revenue stream (federal depletion allowance), likekind real estate tax deferral (IRC-1031 exchange). Suitable for self-directed IRA, family trusts, and direct purchase