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.
Cheetah Gas Co. Ltd. retained EnergyNet for the sale of operated assets in northern Louisiana through an auction closing Aug. 21.
The offering includes operations in eight wells located in Bossier, Caddo, DeSoto and Webster parishes, La.
- 100.00% to 87.50% Working Interest / 82.50% to 66.160899% Net Revenue Interest in Eight Producing Wells
- Six-Month Average 8/8ths Production: 36 barrels per day of Oil and 181,000 cubic feet per day of Gas
- 12-Month Average Net Cash Flow: $31,430 per Month
- Operator: Continental Operating Co.
Bids are due by 2:40 p.m. CDT Aug. 21. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
U.S. pipeline operator Plains All American Pipeline LP expects to begin partial service on its 670,000-barrel-per-day (bbl/d) Cactus II pipeline next week, CEO Willie Chiang said on Aug. 6.
Gathering records have been set on the Arrow system in the Bakken.
New projects will total $170 in improvements to Pasadena and Galena Park terminals.