Ginnings Co.
Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
0MM
Description
Ginnings Co. has retained The Oil and Gas Asset Clearinghouse to market a package of operated and non-operated producing oil and gas properties in multiple Texas counties.
The assets are sold individually as part of a larger hybrid auction of 540 oil and gas properties and 168 lots scheduled for May 8.
The company is selling its interest in an operated asset in the Jones County Regular Field which produces about 15 barrels of oil per day. Cash flows from that field average about $22,000 per month.