Bay Rock Operating Co. Inc.

Transaction Type
Basin
Maverick
Post Date
Close Date
Estimated Price
0MM
Description

Bay Rock Operating Co. Inc. has retained Raymond James & Associates to sell certain assets in the Eagle Ford oil window of South Texas.

The package includes 100% working interest (75% net revenue interest) in leases covering 11,110 gross acres in Frio, Dimmit and Zavala counties.

A six-inch pipeline operated by Genesis Gas & Oil LLC runs through the largest Frio County block and feeds into Pearsall Field network.

Upside includes potential to drill more than 75 locations on 120-acre spacing. There is also additional potential in the Buda, Austin chalk, Anacacho and Pearsall shale plays.

The bid due date is July 7. Contact Chris Simon, 713-278-5206, chris.simon@raymondjames.com.