Pedernales Energy LLC

Transaction Type
Post Date
Estimated Price
0MM
Description

Pedernales Energy LLC has retained Burks Oil & Gas Properties to sell certain assets in southwestern Louisiana. The package includes 5.8% average working interest (4.4% net revenue interest) in four wells on approximately 1,120 gross acres in the Broussard and Barnes Creek fields in Lafayette and Allen parishes. Gross production is 3.4 million cubic feet of gas (126,000 net) and 636 barrels of oil (31 net) per day. Net proved reserves are 238 million cubic feet and 116,000 barrels of oil. For more information, contact Don Burks, 281-580-4590.