L.O.G. Energy Development Ltd.

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L.O.G. Energy Development Ltd. has retained Simon Energy Associates LLC to sell certain nonoperated assets in South Texas.

The package includes 20% working interest (15% net revenue interest) in 2,181 gross acres (436 net) that include five wells in Jim Hogg and Zapata counties. The assets target the Wilcox formation. Royalty burdens vary from 255 to 33%.

Production is 450,000 cubic feet of gas per day. Proved reserves as of April 1 were 2.045 billion cubic feet and probable reserves were 951 million cubic feet. Estimated monthly cash flow is $50,000.

The bid due date is Sept. 8. Contact Byron Tuck, 42-686-7022, btuck@simonenergy.com.