Marketed: South Louisiana Nonop, ORRI Gulf Coast Package

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Energy Advisors Group Inc. (EAG) has been retained by a private seller to market a small package containing four wells (one producing, one shut-in and two saltwater disposals) with a net cash flow of about $18,800 per month.

The package is located in Vermillion Parish in South Louisiana in the Bayou Hebert Field and has nonop working interest and overrides for sale. There was a recent workover in November.

On the Two Wells:

The Seller can deliver 2.5% nonop working interest and 0.77% overriding royalty interest (ORRI)—103% lease net revenue interest. During September, the Broussard 1 ST#3 well had a gross production of 181 barrels per day (bbl/d) of oil and 9.113 million cubic feet per day (MMcf/d) of gas and net production of 5 bbl/d of oil and 233,000 cubic feet per day of gas (261,000 cubic feet equivalent per day 6:1).

Broussard 1 ST#3:

• IP-30: 4,653 barrels oil oil equivalent per day (89% Gas)
• Peak IP: 56.117 million cubic feet equivalent per day (MMcfe/d)

Highlights:

• South Louisiana Nonop and ORRI
• Four Wells. One Producing, One Shut-In and Two Saltwater Dispoals
• Vermillion Parish. Bayou Hebert Field
• 2.5% Nonop Working Interest and 0.77% ORRI
• Strong Gas Producer. Workover in November 2019
• Large Producing Facilities and Disposal On-Site
• Operated by PetroQuest Energy
• Highly Porous Het Sands Reservoir
• Gross Production: 10.200 MMcfe/d
• 73% Gas, 20% NGL and 8% Oil
• Net Cash Flow: about $18,800 per month
• Three-Way Trapping Fault with 28 ft Net Pay
• Operation Plans to Perf Additional Zones Uphole

Accepting offers now. Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments. For more information, contact Blake Dornak, A&D associate with EAG, at bdornak@energyadvisors.com or 713-600-0123.