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Oil & Gas Interest in California
Listing Information
Attachments
Oil & Gas Interest in California
Price: $1,100,000.00
Other Item Info
Item #: cacbke_941470
Created: 05/16/2016
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Santa Ana, California
Sale Date: Wed. Jun 8, 2016
Created: 05/16/2016
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Santa Ana, California
Sale Date: Wed. Jun 8, 2016
Seller Info
Philip A. Gasteier
Trustee
10250 Constellation Boulevard, Suite 1700
Los Angeles, California 90067
(310) 229-1234
Trustee
10250 Constellation Boulevard, Suite 1700
Los Angeles, California 90067
(310) 229-1234
Bankruptcy Info
Case #: 8:06-bk-11175
Case Title: Energy Development Corporation
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Energy Development Corporation
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Description
"Sale of Oil and gas interests and related property, include all interest of the Seller in oil wells owned by EDC (the “EDC Wells”), which includes wells known as SCOC 7, 8, 9, 9A, 10, 11, 12, 13, 14, 21, 40, 41, and all oil and gas leases under which EDC is the lessee, but the sale will not be free and clear of rights under or in connection with the oil and gas leases, including, without limitation, rights to payment of royalties.
The Sale Assets also include all other oil and gas related assets of the Bankruptcy Estates of the Debtors, including equipment of EDC, interests of EDC under a Farmout Agreement for disputed rights to oil and gas interests in Rincon, Ventura County, California"
Financial Overview
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Sale Location
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Santa Ana, CA, 92701-4593
Additional Details
- Sale Hearing in Courtroom 5B @ 10:00 am
- Bid Amount: $1,565,000
- Last Date to respond - May 25, 2016