The following information is provided by Energy Advisors Group. All inquiries on the following listings should be directed to Energy Advisors Group. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Jura Energy has retained EAG to market their South Texas operated assets in Duval, Jackson, and Victoria Counties. The 19,800 net acre position, which includes 98 producing and 19 SWD wells, provides steady production and cash flow and a considerable horizontal development opportunity documented by NSAI. Below you can find a summary of the asset along with the link to the online data room.
Gulf Coast oil sale package:
- 98-Producers. 19,800-Net Acres.
- JACKSON, YEGUA & FRIO
- Significant, Low-Risk Upside. Stacked Multi-Pay Opportunities
- Light Sweet Crude. Meaningful Premium.
- ~100% OPERATED WI; 81% NRI
- Gross Production: 310 bbl/d (Net Volumes: 251 bbl/d)
- 2022 Net Cash Flow: ~$4,600,000/Year
- Proved Developed Reserves: 1,912 Mbbls and a PV10: $13,400,000
- Third Party (NSAI) Reserve Report
For more information visit www.energyadvisors.com/deals or contact Rene McKale, Managing Director at EAG, at rmckale@energyadvisors.com or 281-229-4661, or Richard Martin, Director at EAG, at rmartin@energyadvisors.com or 469-866-9796.
Recommended Reading
Enbridge Sells Off NGL Pipeline, Assets to Pembina for $2.9B
2024-04-01 - With its deal to buy Enbridge’s NGL assets closed, Canada's Pembina Pipeline raised EBITDA guidance for 2024.
Plains All American Names Michelle Podavin Midstream Canada President
2024-03-05 - Michelle Podavin, who currently serves as senior vice president of NGL commercial assets for Plains Midstream Canada, will become president of the business unit in June.
Energy Transfer Remains Hungry for M&A, Sees 1Q Oil Volumes Surge
2024-05-09 - Energy Transfer reported record first-quarter crude volumes and expects demand for petrochemicals to continue rising.
ONEOK to Expand NGL Network Around Houston Through $280MM Acquisition
2024-05-13 - Easton Energy is agreeing to sell 450 miles of lines along Southeast Texas coast to ONEOK.
Targa Expects Another Major Permian Pipeline Project This Year
2024-05-03 - Targa Resources says different projects are falling in place for gas capacity expansion