Oil Gas Asset Clearinghouse, Clearinghouse, auction, oil, natural gas, ExxonMobil, EP Energy, Swift Energy, Energy Production Corp, Black Hills Exploration Production, Apclark LLC, Bravo Natural Resources, Prelude Petroleum, Denver Julesburg Basin, DJ Bas

The Oil & Gas Asset Clearinghouse will conduct an Aug. 31 auction with live floor and real-time internet bidding on oil and gas properties in Colorado, Louisiana, Oklahoma, Texas, Wyoming and several other states.

Significant sellers include: ExxonMobil Corp. (NYSE: XOM), EP Energy Corp. (NYSE: EPE), Swift Energy Co., Energy Production Corp., Black Hills Exploration & Production, Apclark LLC, Bravo Natural Resources LLC and Prelude Petroleum LLC.

The pre-sale begins at 8:30 a.m. with the auction starting at 12:30 p.m. at The Houstonian Hotel, 111 N. Post Oak Lane. Registration in advance is required for all parties interested in bidding.

For information visit ogclearinghouse.com or contact Clearinghouse at 281-873-4600.

Offerings include:

Apclark LLC

  • Nonoperated working interest package and multistage development opportunity in the Jo-Mill Field in Borden County, Texas. The offer consists of 11 wells and more than 5,000 gross acres of leasehold. Monthly cash flow averages $3,415 and gross production is 42 barrels per day (bbl/d) of oil and 48 thousand cubic feet per day (Mcf/d) of gas.

Black Hills Exploration & Production

  • Operated property package consisting of four wells in the Collins Field in Campbell County, Wyo. Monthly net cash flow averages $5,336 and gross production is 37 bbl/d of oil and 18 Mcf/d of gas.
  • Nonoperated property package in the Madden Deep Unit in Freemont County, Wyo., operated by Burlington Resources. The offer includes gross production of 36 bbl/d of oil and 24,668 Mcf/d of gas.
  • Operated property package in the Clareton Field in Weston County, Wyo. The offer includes about 100% working interest and 85% net revenue interest in seven wells. Monthly net cash flow averages $11,198 and gross production is 24 bbl/d of oil and 64 Mcf/d of gas.

Bravo Natural Resources

  • Nonoperated property package in the Panola Field in Latimer County, Okla. Monthly cash flow averages $2,106 and gross production is 5,903 Mcf/d of gas.
  • Operated property package in the Kinta Field in Le Flore County, Okla., with 91 Mcf/d of gross production.

Energy Production Corp.

  • Leasehold in the Big Lake West Field in Reagan County, Texas, operated by Permian Resources LLC. Offer consists of 3,200 gross (880 net) acres and 25% working interest and 18.5% net revenue interest in 11 wells (including one saltwater disposal well). Monthly cash flow averages $6,216 and gross production is 89 bbl/d of oil and 176 Mcf/d of gas.

EP Energy

  • Overriding royalty interest in the Bethany Longstreet Field in DeSoto Parish, La. The offer includes four wells operated by Chesapeake Energy Corp. (NYSE: CHK) with 3,427 Mcf/d of gross production.
  • Overriding royalty interest in the Spider Field in DeSoto Parish, La. The offer includes 1,068 gross/net acres of HBP leasehold operated by Comstock Resources Inc. (NYSE: CRK). Monthly cash flow averages $1,201 and gross production is 344 Mcf/d of gas.

ExxonMobil

  • Nonoperated property package in the Mud Lake East Field in Cameron Parish, La. The offer includes 12 wells with gross production of 23 bbl/d of oil and 2,073 Mcf/d of gas.

Prelude Petroleum

  • Overriding royalty interest in 66 horizontal Niobrara wells operated by Noble Energy Inc. (NYSE: NBL) in Weld County, Colo., in the Denver-Julesburg (D-J) Basin. Monthly cash flow averages $20,130 and gross production is 2,905 bbl/d of oil and 5,532 Mcf/d of gas.
  • Overriding royalty interest in five horizontal Niobrara wells operated by Noble Energy and Carrizo Oil & Gas Inc. (NASDAQ: CRZO) in Weld County, Colo., in the D-J Basin. Monthly cash flow averages $2,091 and gross production is 35 bbl/d of oil and 171 Mcf/d of gas.

Swift Energy

  • Operated property package and development package consisting of 130 wells in the Sun TSH Field in La Salle County in South Texas. Monthly net cash flow averages $38,600, excluding copas overhead and capital items, and gross production is 44 bbl/d of oil and 2,466 Mcf/d of gas.