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Chevron Offers Operated Interest In TX Ramon Field

Published Jun 10, 2009

Chevron Midcontinent LP has retained The Oil & Gas Asset Clearinghouse to sell Ramon Field in Schleicher County, Texas, in a negotiated transaction.

The package includes 71.71% to 78.78% working interest (57.37% to 60.66% net revenue interest) in eight oil wells, eight injector wells and one water supply well. Estimated net production is 54 barrels of oil per day. Estimated net cash flow for April is $43,600.

The data room is open. The bid due date is June 22. The effective date is July 1. Contact Ken Reed, 832-601-7609, kreed@ogclearinghouse.com.