Aspect Energy LLC
Aspect Energy LLC has retained The Oil & Gas Asset Clearinghouse to sell certain interests in southwestern Alabama. The package includes 0.2% to 26% working interest in 15 nonoperated gas wells in Big Escambia Creek Field in Escambia County producing from the Smackover formation. Estimated net production is 1.725 million cubic feet equivalent per day. Estimated net cash flow is $200,000 per month. Escambia Operating Co., a subsidiary of Eagle Rock Energy Partners, is operator. The data room opens May 4. The bid due date is May 28. The effective date is June 1. Contact Cory Talash, 281-873-4600.