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Crest Operating Co. LLC retained EnergyNet for the sale of operated assets in Louisiana and Texas through a sealed-bid offering closing Oct. 8.
The package includes operations in 10 wells in Louisiana's Vermilion Parish and Harris and Schleicher counties, Texas.
- Operations in 10 Wells:
- 100.00% to 90.73717% Working Interest / 80.00% to 64.78461% Net Revenue Interest
- Eight Producing Wells | One Saltwater Disposal Well | One Shut-In Well
- Six-Month Average 8/8ths Production: 1.001 MMcf/d of Gas and 25 bbl/d of Oil
- 11-Month Average Net Income: $30,180 per Month
Operator Bond Required
Bids are due by 4 p.m. CT Oct. 8. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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