Pedernales Energy LLC

Transaction Type
Post Date
Estimated Price
0MM
Description

Pedernales Energy LLC has retained Burks Oil & Gas Properties to sell interests in a producing field north of Lake Charles in southwestern Louisiana. The 3.16% working interest (2.29% net royalty interest) is in Barnes Creek Field, involving approximately 320 gross acres and one well producing 69,000 cubic feet of gas and six barrels of oil per day. Proven reserves are approximately 130 million cubic feet of gas and 9,500 barrels of oil. The operator is Zachery Exploration. For more information, contact Don Burks, 281-580-4590.