San Juan Basin Horizontal Mancos Dry Gas Project


San Juan Resources has assembled a 7500-acre Mancos Dry Gas Project with over 
36 projected two-mile laterals and seeks partners to take to the next level.    

General Overview:


  • 19 BCF EUR per 10,000' lateral
  • 2 NEPA Approved 7-acre pads in Carson National Forest 
  • Lateral analogs significantly de-risk project, lease line offset drilled in 2011
  • SJR owns 4900 gross, 3440 net acres, controlling presence in hot area  

Size of Prize:


  • NPV10 $328MM (Gross, fully developed)
  • ROI to investor 106%; 
  • 32 Unit wells-- Mancos B and C zones 
  • Gross Reserves- 584 BCF 

Deal Terms: 


  • 15% carry in 4 commitment wells earns pro rata share of leasehold
  • Commitment fee 
  • $9.4 MM AFE
  • Single well economics - 108% IRR, 1.2 year payout 

Other Key Attributes:    


  • SJR to operate or operations available   
  • Approval includes two 7-acre well pads -- up to 36 horizontal wells includes water lines, gas gathering rights-of-way in Forest, Unit plan  
  • 80 MMFCD  Cabresto Gathering line (12") bisects Unit-ready to hook up
  • $9.4 MM for first 2-mi lateral, (with drilling efficiencies < $7.0 MM)  
  • 19 Bcf EUR two-mile laterals, a dozen drilled by BP & WPX a township to west.  
  • 6 Bcf EUR one mile lateral, drilled ½ mile on eastern edge of project by Black Hills Gen1 frac (634#/ft). 
  • Water plan is to drill shallow gas wells with water potentials, haul into area from Lake Navajo.  
  • SJR Fee leases are 2019 5 yr leases + 5 yr extension.  Additional acreage north of Unit  ~ 450 net acres non-Unit, 
  • Pictured Cliffs is viable hi-btu gas zone in the project.


  Contact Jerry at for additional details, access to the data room, and showing.