The following information is provided by RedOaks Energy Advisors LLC. All inquiries on the following listings should be directed to RedOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

CPBG Operated Louisiana Calcasieu Parish Properties Asset Map (Source: RedOaks Energy Advisors)
CPBG Operated Louisiana
Calcasieu Parish Properties Asset Map

CPBG LLC retained RedOaks Energy Advisors for the sale of its operated properties located in Louisiana’s Calcasieu Parish.

Highlights:

  • Proved Developed Producing (PDP) PV-10 Value:  $9.05 million (100% oil)
  • Projected 2019 net PDP Production: about 130 barrels per day
  • Operational Control:  Average 100% Working Interest / 77% Net Revenue Interest
  • Significant Upside Opportunity:
    • 35 quantified behind pipe opportunities (PV-10 Value: $20.99 million)
    • Eight quantified proved undeveloped wells (PV-10 Value: $11.8 million)
    • Operational optimization

Bids are due May 14. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.