Chevron Corp. (NYSE: CVX) is offering its interest in Anadarko Basin operations in an upcoming auction.
The package includes operated and nonoperated producing working interests in the Hugoton Field. The assets are located in Haskell, Morton, Seward and Stevens counties, Kan.
EnergyNet has been retained by the San Ramon, Calif.-based company to handle the sale.
Highlights:
- Six-month average monthly net income of $50,279;
- Six-month average 8/8ths production of 1,964 thousand cubic feet per day;
- 100% gross working interest/87.5% net revenue interest in 52 wells;
- 50% gross working interest/43.749986% net revenue interest in the Loflin 1, 2 and 3 wells operated by Marsh Operating Co.;
- 3.125% royalty interest in the Garner wells operated by LeBosquet Gas Operations LLC; and
- 23,459.01 gross (21,833.63 net) acres.
Bidding begins at 2 p.m. CST on Feb. 24 and closes at 2 p.m. CST on March 2. For information visit energynet.com or contact EnergyNet’s Chris Atherton at 832-654-6612.
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