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.
Crest Operating Co. LLC retained EnergyNet for the sale of operated assets in Louisiana and Texas through a sealed-bid offering closing Oct. 8.
The package includes operations in 10 wells in Louisiana's Vermilion Parish and Harris and Schleicher counties, Texas.
Highlights:
- Operations in 10 Wells:
- 100.00% to 90.73717% Working Interest / 80.00% to 64.78461% Net Revenue Interest
- Eight Producing Wells | One Saltwater Disposal Well | One Shut-In Well
- Six-Month Average 8/8ths Production: 1.001 MMcf/d of Gas and 25 bbl/d of Oil
- 11-Month Average Net Income: $30,180 per Month
Operator Bond Required
Bids are due by 4 p.m. CT Oct. 8. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Baker Hughes Appoints Ahmed Moghal to CFO
2025-02-24 - Ahmed Moghal is taking over as CFO of Baker Hughes following Nancy Buese’s departure from the position.
The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
2025-01-28 - In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.
Q&A: Patterson’s OFS Perspective on the Shale Boom, Pandemic and Current Upswing
2025-02-27 - Former Basic Energy Services CEO Roe Patterson details his perspective on the shale boom and the lessons learned to get back to the current upswing in the industry.
Q&A: Petrie Partners Co-Founder Offers the Private Equity Perspective
2025-02-19 - Applying veteran wisdom to the oil and gas finance landscape, trends for 2025 begin to emerge.
Venture Global Targets $110B in Massive IPO
2025-01-13 - Venture Global is expected to pitch its IPO to investors by Jan. 17 to rival the largest energy IPOs on record.