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.

ConocoPhillips Co. retained EnergyNet for the sale of a Louisiana Austin Chalk leasehold position through a sealed-bid offering closing Oct. 17.

The offer includes assets in Avoyelles, East Baton Rouge, East Feliciana, Livingston, Pointe Coupee, St. Helena, St. Landry, West Baton Rouge and West Feliciana parishes.


  • Large Contiguous Leased Acreage Position
    • About 234,000 Net Acres
    • About 100% Working Interest with low lease burdens
    • 99% Fee leases
    • Majority of leases expire late 2020-2022
      • Built-in option to extend on majority of acreage
    • Majority of acreage includes all depths: about 41,000 net acres limited to Austin Chalk
  • Wells and Inventory
    • Four Austin Chalk wells drilled: one vertical pilot and three horizontal wells with vertical pilots
      • Hydrocarbons produced from over-pressured, liquids rich Austin Chalk formation
      • Extensive well data available to buyer:
        • Including NMR, Image Logs, Whole Core, Geochem, PVT, BHP, DFIT
    • Surface Agreements (including water), Constructed Pads, Roads and Permits
    • 25 approved Austin Chalk Conservation Units (1,920 acres)
    • Abstracts and title opinions over large area within various Conservation Units
  • Recent Offset Activity
    • Multiple Austin Chalk and Tuscaloosa Marine Shale horizontal wells drilled in recent years
ConocoPhillips Louisiana Austin Chalk Asset Map (Source: EnergyNet)
ConocoPhillips Louisiana Austin Chalk Asset Map (Source: EnergyNet)

Bids are due by 4 p.m. Oct. 17. For complete due diligence information or email Cody Felton, vice president of business development, at, or Denna Arias, director of transaction management, at