2010-10-05-2010-10-04-2010-10-04

Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
4MM
Description

Acquired certain interest in Big Escambia Creek Field and near Flomaton and Fanny Church fields, gaining 130 BOE/d, 555 MMcf proved.

Eagle Rock Energy Partners LP, Houston, (Nasdaq: EROC) has acquired certain interests in Big Escambia Creek Field and near Flomaton and Fanny Church fields in southern Alabama from Indigo Minerals LLC for $4.2 million.

The acquired interests are in wells in which Eagle Rock already owns a significant interest and are nearly 100% operated by the partnership. Proved reserves are estimated at 216,000 barrels of condensate, 555 million cubic feet of gas and 102,000 barrels of natural gas liquids (87% proved developed producing). Current daily production is 130 barrels of oil equivalent per day.

The effective date is Aug. 1.

Eagle Rock has upstream, midstream and downstream operations with E&P assets in Alabama and Texas.