Foundation Energy Management LLC
Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
0MM
Description
Foundation Energy Management LLC has retained The Oil & Gas Asset Clearinghouse to sell 26,000 gross acres in the Denver-Julesburg Basin northern Colorado and western Nebraska.
The properties include 202 operated and 8 non-operated wells, with forecasted net production of 199 barrels of oil per day and 922 Mcf per day. The average working interest is 80% and the average net revenue interest is 66%.
Bids are due Sept. 13, 2012. For additional information, please contact Cory Talash, manager of negotiated transactions, at 832-601-7685 or ctalash@ogclearinghouse.com.