Five States Energy Co. LLC

Transaction Type
Sellers
Marketers
Post Date
Estimated Price
MM
Description

Five States Energy Co. LLC has retained Albrecht & Associates to sell certain properties in the Permian Basin, North Texas, Midcontinent, Rocky Mountains, East Texas/North Louisiana and the Gulf Coast. The assets include 499 proved producing properties and 38 proved nonproducing opportunities split into six areas that can be acquired individually or in one package and include an average 17.7% working interest 14 • A&D Watch • September 2006 On the Market (13.3% net revenue interest). Net production on the properties is 1,900 barrels of oil and 8.7 million cubic feet of gas per day, with total proved reserves of 21.5 million barrels of oil equivalent (19.9 million proved producing). For more information, contact Robert A. Albrecht or Harrison Williams, 713-951- 9586.