The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Crown Oil & Gas Inc. retained the Oil & Gas Asset Clearinghouse to market for sale its operating working interest in Wyoming’s Sweetwater County.
Highlights:
- Operated Working Interest in 32 wells in Sweetwater County, Wyoming
- 96% Working Interest / 81% Net Revenue Interest average ownership
- 17 bbl/d of Oil / 225 Mcf/d of Gas average daily gross production (January 2021 - June 2021)
- $36,077 per month average net cash flow (August 2021 - September 2021)
- $1.43 million PV15 (PDP)
- 22,282 gross acres
- Low Risk Behind Pipe Opportunities
- Eight wells needing low risk maintenance to be restored to production
- Restored production potentially totaling 8 bbl/d of Oil and 160 Mcf/d of Gas
- Recommended worker procedures posted in the data room
Bids are due on Nov. 11. The transaction is expected to have an effective date of Nov. 1.
A virtual data room is available. For information visit ogclearinghouse.com or contact Tyler Post at tpost@ogclearinghouse.com or 972-736-5814.
Recommended Reading
DNOW Closes Cash Acquisition of Water Service Company Trojan Rentals
2024-11-26 - DNOW Inc.’s acquisition of Trojan Rentals LLC is its third purchase aimed at providing a holistic water management solution to the market, the company said.
Martin Midstream Terminates Merger Agreement Following Pushback
2024-12-29 - Martin Midstream Partners will continue operating as a standalone publicly traded company following termination of its deal to merge with Martin Resource Management Corp.
Allete Gets OK From FERC for $6.2B Sale to Canada Pension Plan, GIP
2024-12-20 - Allete Inc. announced its acquisition by the Canada Pension Plan Investment Board and Global Infrastructure Partners in May.
Exxon Mobil Completes Purchase of FPSO Offshore Guyana
2024-12-19 - Exxon Mobil Corp. paid $535 million to SBM Offshore for the FPSO, which will operate the unit through 2033.
LS Power Completes Acquisition of Algonquin Power’s Renewables Unit
2025-01-09 - With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.