Marketed: Alabama Nonop Assets, Big Escambia Creek
The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Resource Strategies LLC retained EnergyNet for the sale of oil and gas assets in the Big Escambia Creek area of Alabama through an auction closing June 26.
The offer comprises nonoperated working interest in multiple wells plus the Big Escambia Creek gas plant located in Escambia County, Ala.
Highlights:
- 31.9851% to 0.018831% Working Interest / 25.500848% to 0.015298% Net Revenue Interest in 16 Wells:
- 10 Producing Wells | Five Non-Producing Wells | One Temporarily Abandoned Well
- Includes a Working Interest in the Big Escambia Creek Gas Plant
- Six-Month Average 8/8ths Production: 802 barrels per day of Oil and 18.344 million cubic feet per day of Gas
- Six-Month Average Net Cash Flow: $73,158 per Month
- Operator: Escambia Operating Co. LLC
Bids are due by 2:40 p.m. CDT June 26. For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.