2009-09-09-2009-07-22-2009-07-22

Acquired operated producing properties primarily in San Juan Basin, NM, gaining 167 Bcfe proved, 17.9 MMcfe/d.

EnerVest Ltd. has acquired operated producing properties in New Mexico, Texas, Arkansas and Oklahoma via bankruptcy proceedings from CDX Gas LLC for $98 million. The assets include operated interests in 461 wells in the San Juan Basin of New Mexico in San Juan County, the Fort Worth Basin in Texas in Palo Pinto County, and the Arkoma Basin in Sebastian County, Arkansas, and LeFluor County, Oklahoma. Total proved reserves are 167 billion cubic feet equivalent (59% gas; 71% producing). Production is 17.9 million cubic feet equivalent per day.