Petex

Transaction Type
Sellers
Basin
Permian
Field
Ramon
Post Date
Close Date
Estimated Price
MM
Description

Petex has retained The Oil & Gas Asset Clearinghouse to sell certain producing assets in Ramon Field in Texas in a negotiated transaction.

The package includes 71.72% to 78.78% working interest in 12 producing oil wells, eight water-injector wells and one water supply well in Schleicher County. Gross production is 90 barrels of oil per day. Average monthly net income is $100,000.

The bid due date is Jan. 27. The effective date is Feb. 1. Contact Ken Reed, 832-601-7609, kreed@ogclearinghouse.com.