Patrick Petroleum LLC

Transaction Type
Post Date
Estimated Price
MM
Description

Patrick Petroleum LLC has retained Meagher Oil & Gas Properties Inc. to sell certain assets in the Rocksprings project in southwestern Texas. The package includes a 100% working interest (80% average net revenue interest) in 17 wells on 39,739 net acres in the Kerr Basin in Edwards and Real counties. Production is 1 million cubic feet of gas per day. Proved, probable and possible reserves are more than 30 billion net cubic feet on 25% of the acreage. For more information, contact Teri Williams, 918-481-5900 ext. 224.