Haynesville/ CV Prospect, Rusk County, TX
Lease block of ~900 net acres for Haynesville (11,300') and Cotton Valley (10,200') targets. Three new offset wells from Haynesville and Cotton Valley initial production rate @ > 19,000-20,000 MCFD. Well costs for CV are $8.5-9MM. Haynesville well costs are $11-12MM. Estimated reserves per well for CV are 7-8 BCF and 60 MBO. Estimated reserves per well for Haynesville are 15 BCF. Spacing unit for three (3) Cotton Valley and two (2) Haynesville wells.
Financials (USD)
Asking Price Not Disclosed
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Cotton Valley Taylor Sand and Haynesville
Acreage 900 acres
Reserves 60Bcf
Interest Type Working interest with operations
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