CDX Gas

NEW, CDX Gas has retained Petroleum Place Energy Advisors to sell its coalbed-methane gas assets in the Black Warrior Basin of Alabama. The assets include the CDX-operated RG33 and Starvacre producing areas and the Warrior West Field operated by El Paso. Current net production is 85%-operated and totals approximately 5.4 million cubic feet of gas equivalent per day, as of July (100% gas). The properties include approximately 230 active wells and proved upside development potential. For more information, contact David Hopkins, 832-601-7664.