KA Compass LLC
Transaction Type
Sellers
Marketers
Basin
Maverick
Post Date
Close Date
Estimated Price
0MM
Description
KA Compass LLC has retained Lantana Oil & Gas Partners to offer oily assets in Eagle Ford shale play in South Texas.
The package includes 100% working interest (75% net revenue interest) in approximately 21,000 gross and net acres in the Eagle Ford updip oil play in Lee County. The assets have a three- to four-year term remaining and include all rights below the Austin chalk base. There is currently no production associated with the assets.
The Eagle Ford assets feature 19 million barrels per section of oil originally in place.
The bid due date is Dec. 16. The effective date is Jan. 1, 2011. Contact Andy Taurins, 713-426-9001, andy@lantanaog.com.