Chesapeake Exploration LLC

Transaction Type
Marketers
Post Date
Estimated Price
0MM
Description

NEW, Chesapeake Exploration LLC is selling Barnett shale assets with production in Hill and Johnson counties, Texas, via auction at EnergyNet.com. The seven lots include operated and nonoperated working interest in 19,340 net acres (10,227 held by production; 9,012 nonproducing) covering various surveys in Bosque, Ellis, Hill and Johnson counties. Production for the past six months averaged 6.6 million cubic feet of gas per day. Monthly cash flow averaged $551,500 net. The auction ends Oct. 2. Go to EnergyNet.com or contact Darrell Noblitt, 405-745-3017.