Marketed: Kaiser-Francis Oil Well Package, Lafayette Parish, Louisiana

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 the Anse la Butte oil and gas field in Louisiana through a sealed-bid offering closing May 19.

The offering includes operations in a three well package and one saltwater disposal well plus leasehold acreage in Louisiana’s Lafayette Parish.

Highlights:

• Operated Working Interest in Four Wells:
  • 100.00% to 77.6813% Working Interest / 80.06079% to 58.260975% Net Revenue Interest
  • Three Producing Wells | One Saltwater Disposal Well
• Six-Month Average 8/8ths Production: 64 bbl/d of Oil
• Eight-Month Average Net Cash Flow: $42,385/Month
• ~62.00 Net Leasehold Acres
• Operator Bond Required
• Mortgage to be Released at Closing

Bids are due by 4 p.m. CST May 19. For complete due diligence information on any of the packages visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.