Marketed: Calypso Energy Oklahoma, Texas Producing Properties

Transaction Type
Basin
Midcontinent; Texas Panhandle; Texas Gulf Coast; East Texas
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Calypso Energy LLC retained Oil & Gas Asset Clearinghouse LLC for the sale of producing properties throughout Oklahoma and Texas in a sealed-bid offering closing May 22.

The offer includes certain leasehold assets in Caddo, Custer, Dewey and LeFlore counties, Okla., and Hemphill, Houston, Nueces and Roberts counties, Texas.

Highlights:

  • Working interest 0.10% to 40% and net revenue interest 0.077% to 30.85%
  • Multiple operators
  • Average net production about 3 barrels per day of oil and 166,000 cubic feet per day
  • Average monthly net cash flow roughly $14,000

For information visit ogclearinghouse.com or contact Patrick DaPra, vice president of negotiated transactions for Clearinghouse, at pdapra@ogclearinghouse.com or 832-60-7655.