Marketed: Haynesville Nonop For Sale

Transaction Type
Sellers
Basin
Haynesville
Field
Greenwood-Waskom & Logansport Fields
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Merced Capital retained Energy Advisors Group Inc. (EAG) to market nonoperated working interest in the Haynesville play at North Louisiana operated by Comstock Resources Inc. with about $1 million per month of net cash flow in first-half 2019.

The sale package consists of eight producing wells, Comstock Gen 2 completion design (24.8 Bcf EUR for 10,000 ft L Type Well), located in Caddo and De Soto parishes, La., in the Greenwood-Waskom and Logansport fields. Current gross production totals about 66.6 million cubic feet per day (MMcf/d) from four leases. The eight wells have cum'd over 40.4 billion cubic feet (Bcf) since April 2018, first well reported production.

Bids are currently being accepted for this package. Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments. For more information on the conventional, South Louisiana operated sale package, contact Eric Thompson, A&D director with EAG, at ethompson@energyadvisors.com or 713-600-0136.