Taylor Energy Co. LLC

Transaction Type
Marketers
Post Date
Estimated Price
MM
Description

UPDATED, Taylor Energy Co. LLC, New Orleans, La., has retained Scotia Waterous (USA) Inc. to sell all of its assets, which are in the Gulf of Mexico. Taylor Energy has assets in the outer continental shelf waters of the Gulf of Mexico, with 32.4% to 100% interest in 19 blocks in the Vermillion, South Marsh Island, Ship Shoal and Mississippi Canyon areas. The leasehold is on 75,579 gross (73,469 net) developed acreage. Reserves are approximately 75% oil. Net proved reserves are estimated 55 million barrels of oil equivalent. Production is 17,000 gross barrels of oil per day (13,600 net). The data room will open mid-October. Bids are due in early December. Contact Adrian Goodisman, 713-437- 5050.