Prime Natural Resources Inc.
NEW, Prime Natural Resources Inc. has retained The Oil & Gas Asset Clearinghouse's midvalue negotiated transactions unit to sell its interests in certain nonoperated producing properties in various counties in East Texas in a single divestment package. Net production on the properties is 2.5 million cubic feet of gas equivalent per day (96% gas) with production zones in Cotton Valley and Bossier sandstones and behindpipe and undeveloped upside potential. The sale includes some 70,000 acres. For more information, contact David Nordt, 281-873-4600.