Marketed: East Texas Conventional Asset Package, Limestone County
Transaction Type
Sellers
Marketers
Basin
East Texas
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description
The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Energy Advisors Group Inc. (EAG) has been retained by DEA 2 LLC to market a new package located in East Texas in Limestone County, Texas, including 2,354 net acres (All HBP) and current net production of 852,000 cubic feet per day.
Highlights:
- Limestone County, Texas Gas Lease
- 40 Wells. 2,354 Net Acres. All HBP.
- Multipay Gas Production
- Cotton Valley; Travis Peak; Pettit; Rodessa
- Significant Upside.
- Multiple Recompletion Opportunities
- 100% Operated Working Interest. 82% Net Revenue Interest Plus OV
- Gross Production: 1.039 million cubic feet per day of Gas
- Net Volumes: 852,000 cubic feet equivalent per day of Gas
- Gross Revenues: $30,000-$35,000 per month
- Offers due Feb. 28
Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments.
For more information, contact Blake Dornak, A&D associate with EAG, at bdornak@energyadvisors.com or 713-600-0169.