Kamel Oil LLC

Transaction Type
Sellers
Marketers
Post Date
Estimated Price
0MM
Description

Kamel Oil LLC has retained Ensley Properties Inc. to sell certain assets in Texas. The package includes the Allen L. Burditt and Lehrer leases. The Allen L. Burditt lease includes a 100% working interest (81.17% net revenue interest) in a 150- acre unit in the North La Ward Field in Jackson County, with three wells producing a total 24 barrels of oil per day. The property also features one completed salt water disposal well and a second under construction. The Lehrer lease includes a 100% working interest (70% net revenue interest) in a 40-acre unit in the Mustang Creek Field in Colorado County, with two wells producing six to seven barrels of oil per day. The property also features three zones behind pipe in one well and two gas zones behind pipe in the second well