The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of a three-well package located in Cameron Parish, La. The Lot# 102204 includes an operated interest in three wells and one SWD, plus approximately 473 net leasehold acres.
Highlights:
- Operated Working Interest in 3 Wells:
- Avg. ~62.17% WI / Avg. ~44.66% NRI (BPO)
- Operator: Samuel Gary Jr. & Associates Inc.
- 6-Month Average (May 2022 - October 2022)
- 8/8ths Production: 342 BOPD and 5,149 MCFPD
- Net Production: 116 BOPD and 2,350 MCFPD
- Net Income: $841,504/Month
- ~473.00 Net Leasehold Acres
- Operator Bond Required
Bids are due at 4:00 p.m. CDT on Feb. 9. For complete due diligence information on this property, please visit energynet.com or email Ethan House, managing director, at ethan.house@energynet.com.
Recommended Reading
Black Stone Announces Fifth Consecutive Quarterly Increase
2023-02-02 - Black Stone’s cash distribution for third quarter 2022 is a 5% increase from the prior quarter and a 76% increase from fourth quarter 2021.
Canada’s Imperial Oil Reports Record Operational, Financial Performance
2023-02-02 - Imperial reported solid financial fourth quarter results and introduced a new goal to achieve net-zero by 2050.
Women in Energy: Kathryn Roark, Patterson-UTI
2023-02-02 - Today’s featured 25 Influential Women in Energy honoree is Kathryn Roark, vice president of diversity and ESG at Patterson-UTI.
Aethon Reinforces Executive Team Amid Natural Gas, Energy Investment Push
2023-02-02 - Lola Oyewole, Aaron Wimberly and Clayton McGratty will join Aethon Energy’s executive team as the company looks to expand footprint in the Haynesville Shale.
Shell 2022 Profit More Than Doubles To Record $40 Billion
2023-02-02 - The British company's record earnings, which more than doubled from a year earlier, mirror those reported by U.S. rivals earlier this week and are certain to intensify pressure on governments to further raise taxes on the sector.