The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
First Rock Inc. retained Oil & Gas Asset Clearinghouse LLC for the sale of Frio County, Texas assets. The offer includes HBP mineral leasehold and interest in an Austin Chalk well.
- 280 acres HBP net mineral acres, all depths to 7,950 ft
- 100% working interest / 74.24% net revenue interest proved developed producing Austin Chalk well
- Current net production: 54 barrels of oil equivalent per day
- 13 horizontal permits within 10 miles last 13 months
Bids are due Dec. 5. Data room is currently open.
At the recent Africa Oil Week conference in Cape Town, South Africa, executives from four of the oil and gas supermajors discussed their plans for the continent with Hart Energy.
The state’s oil and gas regulator has processed 8,629 well completions so far this year, marking nearly a 16% decline versus the same period last year, the Railroad Commission of Texas said.
The director general of Israel’s Energy Ministry sent a letter to officials at the three companies, saying development must not commence until agreement is reached between the governments of Israel and Cyprus.