The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Strand Energy LC retained Oil & Gas Asset Clearinghouse LLC to sell operated Eagle Ford Shale properties within the Brisco Ranch Field in Zavala County, Texas, as part of a sealed-bid offering.
Property Highlights:
- 11 operated wells
- Working interest 77.5%-100% and NRI 58%-74.1%
- Net production ~146 bbl/d of oil
- July 2018 projected net cash flow $254,000
- 4,775 gross acres and 4,660 net acres HBP, additional 1,307 acres in primary term
- Minimum of 9 horizontal infill locations
- Minimum of 8 development locations on primary term leasehold
Bids are due Aug. 14. Clearinghouse is the exclusive technical, marketing and transaction adviser for the sale. For information visit ogclearinghouse.com or contact Patrick DaPra, vice president of negotiated transactions for Clearinghouse, at pdapra@ogclearinghouse.com or 832-601-7655.
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