Marketed: EP Energy Offshore Louisiana ORRI Assets

Transaction Type
Sellers
Marketers
Basin
US Gulf Of Mexico
Field
South Timbalier Area
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description

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.

An affiliate of EP Energy Corp. retained EnergyNet for the sale of offshore assets in the U.S. Gulf of Mexico through an auction closing Sept. 26.

The offering includes overriding royalty interest (ORRI) in the South Timbalier area offshore Louisiana. The operator of the lease is an affiliate of Talos Energy Inc.

Highlights:

  • 9.34% ORRI in the Producing OCS-G 13928 Lease
  • Six-Month Average 8/8ths Production: 122 barrels per day of Oil and 94,000 cubic feet per day of Gas
  • Six-Month Average Net Cash Flow: $20,049 per Month
  • Operator: Talos Energy Offshore LLC

Bids are due by 2:40 p.m. CDT Sept. 26. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Related Content