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.
The contract will extend by 20 years the current contract with the same companies that will expire in late 2023.
Variety is the spice of life, or so they say, and that is an approach being adhered to by many of the world’s largest exploration companies.
Deep water will rise from the depths to once again feed the industry’s future need for major offshore reserves.