The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of a well package in Calcasieu, Cameron and Lafayette parishes, Louisiana and Orange County Texas. The sealed-bid property, Lot# 96479, includes operated working interest in eight wells plus roughly 1,121 net leasehold acres.
Opportunity Highlights:
- Operated Working Interest in Eight Wells:
- Average ~85.66% Working Interest / Average ~62.06% Net Revenue Interest
- Six-month Average 8/8ths Production: 220 bbl/d of Oil and 1,959 Mcf/d of Gas
- Three-month Average Net Cash Flow: $352,867/Month
- 1,121.00 Net HBP Leasehold Acres
- Operator Bond Required
Bids are due at 4 p.m. CDT on Aug. 25. For complete due diligence information visit energynet.com or email Ethan House, managing director, at Ethan.House@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
Recommended Reading
Navigating the Crossroads: Oil, Gas Industry Reimagines its Role in Tech Age
2024-10-28 - The oil and gas industry has both a need and an opportunity to embrace the digital transformation while engaging the next generation of its workforce.
Smart Tech Moves to the Hazardous Frontlines of Drilling
2024-10-08 - In the quest for efficiency and safety, companies such as Caterpillar are harnessing smart technology on drilling rigs to create a suite of technology that can interface old and new equipment.
E&P Highlights: Aug. 26, 2024
2024-08-26 - Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
E&P Highlights: Sept. 16, 2024
2024-09-16 - Here’s a roundup of the latest E&P headlines, with an update on Hurricane Francine and a major contract between Saipem and QatarEnergy.
As Rig Count Slips, Oil Production Keeps Growing
2024-10-22 - Despite the offshore rig market showing signs of demand slippage, oil production looks to be on the rise for the foreseeable future, Westwood analysts say.
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.