Thorp Petroleum Corp.

Transaction Type
Post Date
Estimated Price
0MM
Description

NEW, Thorp Petroleum Corp. has retained Albrecht & Associates Inc. to sell its interests in the Samano and Bloomberg fields, Starr and Hidalgo counties, South Texas. Current net production on the properties is 9 million cubic feet of gas equivalent per day. Total net proved reserves are 16.6 billion cubic feet of gas equivalent, while net proved producing reserves are 10.6 billion cubic feet equivalent. The properties are geographically concentrated, 100% operated and production is 95% gas. For more information, contact Harrison Williams, 713-951-9586.