Marketed: Louisiana ORRI, Beauregard And Calcasieu Parishes

Transaction Type
Marketers
Basin
Louisiana Gulf Coast
Announce Date
Post Date
Close 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.

Pintail WI LLC retained EnergyNet for the sale of overriding royalty interest (ORRI) in Louisiana through an auction closing Sept. 26.

Pintail WI is an affiliate of Pintail Oil and Gas LLC. The offering includes ORRI in five wells located in Beauregard and Calcasieu parishes, La.

Highlights:

  • 4.019158% ORRI in the Producing Donald Barrow 20 #1-Alt and Steve Barrow 20 #2-Alt Wells:
    • Operator: Fontainebleau Operating LLC
  • 2.927244% ORRI in the Producing Musser-Davis 1, 2 and 3 Wells:
    • Operator: Kash Oil and Gas Inc.
  • Six-Month Average 8/8ths Production: 398 barrels per day of Oil
  • Four-Month Average Net Cash Flow: $23,684 per Month

Bids are due by 2:35 p.m. CDT Sept. 26. For complete due diligence information energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.