Patriot Resources Inc.
Transaction Type
Sellers
Marketers
Field
Excalibur
Post Date
Estimated Price
MM
Description
Patriot Resources Inc. has retained Simon Energy Associates LLC to sell certain operated assets in Central Texas.
The package includes 34% working interest (27.285% net revenue interest) in 160 acres in Excalibur Field in Howard County. The assets feature one active well targeting the Canyon Reef formation.
Production is 16 barrels of oil and 17, 460 cubic feet of gas per day. Monthly cash flow is approximately $9,000.
Contact Byron Tuck, 432-686-7022, btuck@simonenergy.com.