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Oil and Gas Company Interests for Sale
Listing Information
Attachments
Oil and Gas Company Interests for Sale
Price: $40,000.00
Other Item Info
Item #: canbke_518126
Created: 01/13/2017
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Created: 01/13/2017
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Seller Info
Michael A. Isaacs
Trustee
1 Market Plaza Spear Tower 24th Fl.
San Francisco, CA 94105
(415)267-4000
Trustee
1 Market Plaza Spear Tower 24th Fl.
San Francisco, CA 94105
(415)267-4000
Bankruptcy Info
Description
Sale of all of the Trustee's right, title and interest in the oil and gas interests. Trustee collected the sum of $27,834.27
in oil and gas revenues. The majority of those monies came from three sources, as noted below:
- Merit Energy Operations (formerly Marathon Oil) - $17,781.82 received between June 2015 and October 2016;
- Vanguard Natural Resources - $7,503.93 received between June 2015 and October 2016; and
- True Oil - $1,957.60 received between June 2015 and October 2016. In addition, the Trustee has received payments from other companies, as follows: Eighty Eight Oil LLC, Enterprise Crude Oil LLC, HollyFrontier Ref & Mkt LLC, HRM Resources, LLC, Legacy Reserves Operating LP, Lone Mountain Production Company, Statoil Oil and Gas LP, Sunoco, Inc., Texon L.P. and XTO Energy.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
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Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Minimum Bid: $42,500.00
- Bid increment: $1,000.00
- Bid deposit: $4,250.00
- Bid deadline: January 31, 2017