J-W Operating Co.

Transaction Type
Post Date
Estimated Price

30. J-W Operating Co. has retained Meagher Oil & Gas Properties to sell its Uinta Basin assets in north central Utah. The package includes a 100% working interest (87.5% net revenue interest) in the 15,000-gross-acre (14,300 net) Soldier Creek prospect along the southwestern edge of the basin, which features federal leases on coal A&D July 2006.qxd 6/30/06 3:29 PM Page 12 and coalbed-methane opportunities. The property includes a six-well pilot drilled along one horizontal well, with 80 coal wells with potential reserves of 81 billion cubic feet of gas and a nine-section farm-out (80% net revenue interest) in place to earn additional acreage. The prospect also includes a gathering system. For more information, contact Julia Foster, Pat Galuska or David Bickerstaff, 303- 721-6354.