Assets of Oil and Natural Gas Company
Listing Information
Assets of Oil and Natural Gas Company
Created: 04/17/2020
Category: Business Property > All Assets or Going Concerns > Oil & Gas Producers
Sale Location: Dallas, Texas
Sale Date: Fri. May 22, 2020
Debtor's Attorney
100 Highland Park Village, Suite 200
Dallas, TX 75205
214-614-8939
Case Title: Yuma Energy, Inc.
Court: Texas Northern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of substantially all of assets of the Yuma Energy, Inc. ("Seller's"), wherever located, relating to the seller's operations in the State of Texas, Louisiana, Oklahoma, North Dakota and Wyoming (the “Assets”).
The sellers collectively are an oil and natural gas company with production and development activities in the Rocky Mountain, Mid-Continent, Gulf Coast, and West Texas regions of the United States, with a significant majority of those assets in the Gulf Coast region of Louisiana. The sellers primarily operate in the “upstream” oil and gas sector and conduct their exploration and production activities across Louisiana, Louisiana state waters and Texas. The sellers assets are predominantly mature, deep (15,000 feet plus) properties with long-lived end of life production, relatively predictable decline curves and high operating costs.
You can contact the Seller (above) or click on the case # in the bankruptcy case information section to find additional documents and descriptions regarding these assets for sale.
Financial Overview
Sale Location
Dallas, TX, 75225
Additional Details
- Auction Time: 10:00 a.m.
- Bid Deposit: 10% of the cash purchase price
- Bid Deadline: May 20, 2020