Texland Petroleum LP
Transaction Type
Sellers
Marketers
Basin
Permian
Post Date
Close Date
Estimated Price
MM
Description
Texland Petroleum LP has retained EnergyNet to sell certain operated and nonoperated assets in the West Texas Permian Basin in a negotiated transaction.
The package includes various working interests in 24 in a total eight lots in Crosby, Gaines, Reagan, Upton, Dickens, Taylor, Terry, Winkler and Yoakum counties. Production from the wells is 57 barrels of oil and 94,000 cubic feet of gas for a total 73 barrels of oil equivalent per day. Combined net cash flow is $80,275 per month.
The bid due date is Nov. 17. Contact Michael Baker, 972-265-7980, Michael.baker@energynet.com.