Mar Oil & Gas Inc.;Future Acquisition I LP

Transaction Type
Post Date
Estimated Price
0MM
Description

Mar Oil & Gas Inc. and Future Acquisition I LP have retained Simplex Energy Solutions LLC to sell two operated southeast New Mexico properties with combined production of 100 barrels of oil and 500,000 cubic feet of gas per day. One property is in northeastern Lea County and produces 90 barrels of oil and 150,000 cubic feet of gas per day from San Andres. The other property is in Eddy County in the Dagger Draw (Upper Penn) Field. Six wells currently produce 10 barrels of oil and 350,000 cubic feet of gas per day. Working interest is 100% in the Dagger Draw property. For more information, contact David A. Fowler at 432-683-3791.