Kerns Resources LP

Transaction Type
Basin
Permian
Field
Urssey Tank
Post Date
Estimated Price
0MM
Description

Kerns Resources LP has retained Simon Energy Associates LLC to sell assets in New Mexico.

The package includes 63.75% working interest (51.8% net revenue interest) in two wells in Urssey Tank Field in Lea County targeting the Seven Rivers formation.

Gross production is 73 barrels of oil and 33,000 cubic feet of gas per day. Upside is two proved undeveloped locations.

Contact Audra Sabby, 432-686-7022, asabby@simonenergy.com.