Patriot Resources Inc.
Transaction Type
Sellers
Marketers
Field
China Beach
Post Date
Estimated Price
0MM
Description
Patriot Resources Inc. has retained Simon Energy Associates LLC to sell certain operated assets in Central Texas.
The package includes 30.791% working interest (24.348% net revenue interest) in 40 acres in China Beach Field in Howard County. The assets feature one active well targeting the Canyon Reef formation.
Production is 11.41 barrels of oil per day. Monthly cash flow is approximately $3,600.
Contact Byron Tuck, 432-686-7022, btuck@simonenergy.com.