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 well package in Calcasieu, Cameron and Lafayette parishes, Louisiana and Orange County Texas. The sealed-bid property, Lot# 96479, includes operated working interest in eight wells plus roughly 1,121 net leasehold acres.
Opportunity Highlights:
- Operated Working Interest in Eight Wells:
- Average ~85.66% Working Interest / Average ~62.06% Net Revenue Interest
- Six-month Average 8/8ths Production: 220 bbl/d of Oil and 1,959 Mcf/d of Gas
- Three-month Average Net Cash Flow: $352,867/Month
- 1,121.00 Net HBP Leasehold Acres
- Operator Bond Required
Bids are due at 4 p.m. CDT on Aug. 25. For complete due diligence information visit energynet.com or email Ethan House, managing director, at Ethan.House@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
Recommended Reading
Mexico Presidential Hopeful Sheinbaum Emphasizes Energy Sovereignty
2024-04-24 - Claudia Sheinbaum, vying to becoming Mexico’s next president this summer, says she isn’t in favor of an absolute privatization of the energy sector but she isn’t against private investments either.
Pemex to Remain Fiscally Challenged for Mexico’s Next President
2024-04-16 - S&P Global Ratings said Pemex will remain a fiscal challenge for the country’s next president, adding that continued cautious macroeconomic management was key in its ratings on both Mexico and Pemex.
Laredo Oil Settles Lawsuit with A&S Minerals, Erehwon
2024-03-12 - Laredo Oil said a confidential settlement agreement resolves a title dispute with Erehwon Oil & Gas LLC and A&S Minerals Development Co. LLC regarding mineral rights in Valley County, Montana.
Venture Global Seeks FERC Actions on LNG Projects with Sense of Urgency
2024-02-21 - Venture Global files requests with the Federal Energy Regulatory Commission for Calcasieu Pass 1 and 2 before a potential vacancy on the commission brings approvals to a standstill.
CEO: Linde Not Affected by Latest US Green Subsidies Package Updates
2024-02-07 - Linde CEO Sanjiv Lamba on Feb. 6 said recent updates to U.S. Inflation Reduction Act subsidies for clean energy projects will not affect the company's current projects in the United States.