Marketed: PetroQuest Energy Operated East Texas Natural Gas Interests

Transaction Type
Basin
East Texas Basin; Cotton Valley
Announce Date
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Estimated Price
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Description

The following information is provided by Detring Energy Advisors LLC. All inquiries on the following listings should be directed to Detring. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

PetroQuest Energy Inc. retained Detring Energy Advisors to market for sale its oil and gas leasehold and related interests located in Panola County, Texas. The assets offer an attractive opportunity, Detring said, to acquire a large, contiguous, HBP and operated position consisting of roughly 28,600 net acres plus high-margin, gas-weighted production generating $52 million next 12-month cash flow and more than 170 highly-economic locations across multiple landing targets within the prolific Cotton Valley formation.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on June 15
  • Proposals are due on July 20

For information visit detring.com or contact Matt Loewenstein at Matt@detring.com or 713-595-1003.