Marketed: Chevron East Texas Van Field Asset

Transaction Type
Sellers
Marketers
Basin
East Texas
Field
Van Field
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

Affiliates of Chevron Corp. retained EnergyNet Indigo for the sale of its Van Field asset in northeast Texas through a sealed-bid offering closing July 30.

The offering includes operations, nonoperated working interest, HBP leasehold and mineral fee acreage located in Van Zandt County, Texas. EnergyNet Indigo is exclusive transaction and technical adviser to Chevron affiliates, Chevron U.S.A. Inc. and Union Oil Co. of California, for the sale.

The Chevron Van Field package is listed on EnergyNet’s new platform, EnergyNet Indigo, which is tailor-made for higher valued assets. The platform features asset deals valued from $20 million to more than $250 million, according to the A&D advisory firm.

Bids are due by 4 p.m. CT July 30. For complete due diligence information visit indigo.energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.