Sanchez Oil & Gas Corp.

Transaction Type
Basin
Ark-La-Tex
Post Date
Close Date
Estimated Price
MM
Description

Sanchez Oil & Gas Corp. has retained The Oil & Gas Asset Clearinghouse to seek a joint-venture partner in a Haynesville shale drilling opportunity in a negotiated transaction.

The package includes a 21% to 25% nonoperated working interest in an 18 section area of mutual interest in Bienville and Natchitoches parishes, Louisiana. The partnership includes a 24% interest in Chesapeake #8, which tested at 11.5 million cubic feet per day. The second and third wells are currently drilling.

The bid due date is March 10. Contact Ken Reed, 832-601-7609, kreed@ogclearinghouse.com.