Marketed: Square Mile Energy Nonop Southern Louisiana Assets

Transaction Type
Sellers
Marketers
Basin
Louisiana Gulf Coasts
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.

Square Mile Energy LLC retained EnergyNet for the sale of nonoperated assets in Southern Louisiana through an auction closing June 5.

The offer includes nonop interest in a three-well package located in Acadia Parish, La.

Highlights:

  • 24.73686% Working Interest / 18.522382% Net Revenue Interest in Three Producing Wells
  • Six-Month Average 8/8ths Production: 94 barrels per day of Oil
  • Eight-Month Average Net Income: $30,724 per Month
  • Operator: Zachry Exploration LLC

Bids are due by 1:50 p.m. CDT June 5. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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