Development & Income-Producing Opportunity

Situated just outside the city limits of Newcastle, this exceptional 214 +/- acre property presents a rare combination of development potential, income-producing mineral assets, and highly usable terrain. Comprised primarily of flat to gently rolling acreage, the property offers an outstanding canvas for residential, commercial, recreational, or mixed-use development opportunities.

A standout feature of the property is its approximately 𝟭,𝟬𝟬𝟬 𝘆𝗮𝗿𝗱𝘀 𝗼𝗳 𝗡𝗲𝘄𝗰𝗮𝘀𝘁𝗹𝗲 𝗚𝗼𝗹𝗳 𝗖𝗼𝘂𝗿𝘀𝗲 𝗳𝗿𝗼𝗻𝘁𝗮𝗴𝗲 along the northern boundary, providing an attractive setting and added value for future development concepts. With expansive views and convenient proximity to town amenities, this location offers the best of both accessibility and open Wyoming space.

Historically utilized for oil production, the property has demonstrated proven income potential. Between 2016 and 2021, the field was primarily operated during the summer months, averaging approximately 667 barrels of oil sold annually during that production window—equating to roughly 10 barrels per day. The oil is classified as 𝗦𝘄𝗲𝗲𝘁 𝗚𝗿𝗲𝗲𝗻 𝟮𝟯 𝗚𝗿𝗮𝘃𝗶𝘁𝘆, 𝗗𝗲𝗲𝗺𝗲𝗱 𝟰𝟬. The reported production figures reflect a 𝟵𝟭% 𝗡𝗲𝘁 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 (𝗡𝗥𝗜), allowing ownership to capture a substantial share of the revenue generated from oil sales. Additional upside may exist should production be expanded beyond the historical summer operating schedule.

One of the most significant features of this offering is that 𝟭𝟬𝟬% 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗶𝗻𝗲𝗿𝗮𝗹 𝗿𝗶𝗴𝗵𝘁𝘀 𝘄𝗶𝗹𝗹 𝗰𝗼𝗻𝘃𝗲𝘆 with the sale—a true rarity in Wyoming and an asset that is becoming increasingly difficult to acquire. Full mineral ownership provides the purchaser with long-term value, development flexibility, and the opportunity to benefit directly from future production and leasing activities. Additional mineral rights are planned to be conveyed with the sale of the surrounding acreage. Contact the listing agent for additional information and conveyance details.

Infrastructure is already in place to support a variety of future uses. Electrical service is readily available throughout the area, with both overhead and underground power in several locations across and around the property. Access has also been significantly improved, with a recently bladed road extending from the eastern boundary to the western boundary of the tract. Numerous established two-track roads further traverse the property, providing convenient access throughout the entire 214 +/- acres.

Whether you're seeking a strategically located development tract, an investment with mineral income potential, or a unique Wyoming landholding offering both current and future value, this property checks boxes that are seldom found in a single offering. Large, contiguous acreage adjacent to town, substantial golf course frontage, extensive infrastructure, proven oil production, and 100% mineral ownership combine to create a truly uncommon opportunity in northeast Wyoming. Contact Ridge Briggs at (307) 395-3199 for more information or to schedule a showing.