AC Exploration LLC

AC Exploration LLC, Houston, has retained Albrecht & Associates Inc. to sell certain properties in East Texas. The package includes working interest in 6,770 gross acres (5,980 net) in Panola County. Assets include 32 operated wells producing 5.1 million cubic feet and 66 barrels of oil per day net primarily from the Cotton Valley and Travis Peak sands between 7,000 and 11,000 feet. Total net proved reserves are 95 billion cubic feet of gas and 860,000 barrels of oil. Additional assets include 100 proved undeveloped locations, three gathering systems primarily in Carthage Field, and 22 proved behind-pipe opportunities. The data room is open. The effective date is May 1. Contact Harrison Williams, 713-951-9586.