oil & gas assets
Producing Properties

PP 4567 ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Midcontinent (NTX PTX OK KS NE MI)
Area Oklahoma
Posted02-Feb-18
Confirmed25-Jan-22

Contact

KEM Energy
Mr. Mark Mo
Senior M&A Advisor
12651 Briar Forest Dr Ste 151
Houston TX 77077
Phone: +1-713-376-8878
mark.mo@kemgroups.com
 

Regional Listings

WOODS CO., OK PROPERTY

17-Wells. 10,000-Acres. 100% HBP
WOLGAMOTT FIELD
MISSISSIPPIAN PRODUCTION
3-Units In Barber County, KA.
Supported By Subsurface Geology.
75-100% OPERATED WI; ~62-82% NRI
Gross Prod: 8 BOPD & 320 MCFD
CONTACT SELLER FOR MORE INFO
PP 4567

Onshore Land Base
Conven/Unconv Play Type
KEM ENERGY - WOODS PROPERTY

Deal Summary

Update, 25-Jan-2022. The package is still up for sale, based on field intelligence.

Kem Energy Inc is looking to sell certain assets in Oklahoma and Kansas. Additionally, KEM Energy is looking to sell its West Texas (DIP ID: 10950), Terry county, Texas (DIP ID: 10952), Texas Panhandle (DIP ID: 10953), Ector county, Texas (DIP ID: 10954), Patterson (DIP ID: 10955), Andrews county, Texas (DIP ID: 10956), and Pecos county, Texas (DIP ID: 10957) assets.

Highlights:
-- Located in Wolgamott field in Woods Co., OK and Barber Co., KA;
-- Covers 10,000 acres (100% HBP);
-- Holds 90% to 100% operated WI (70% to 82.21% NRI);
-- Targets Mississippian formation;
-- Includes 25 wells;
-- Production: 368 Mcfe/d or ~61.34 BOE/d (~87% gas and ~13% oil);
-- Cash flow: $50,941/month;
-- Operator: JTL Operating.

To learn more contact:
Mr. Mark Mo
Phone: 713-376-8878
Email: mark.mo@kemgroups.com

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.