This is a public record generated listing.
Oil & Gas Interests and Wells for Auction in Louisiana
Listing Information
Attachments
Oil & Gas Interests and Wells for Auction in Louisiana
Price: Not Specified
Other Item Info
Item #: txsbke_436630
Created: 03/16/2020
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Pearland, Texas
Sale Date: Mon. Apr 20, 2020
Created: 03/16/2020
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Pearland, Texas
Sale Date: Mon. Apr 20, 2020
Seller Info
Randy Williams
Trustee's Attorney
7924 Broadway Suite 104
Pearland, TX 77581
281-884-9262
Trustee's Attorney
7924 Broadway Suite 104
Pearland, TX 77581
281-884-9262
Bankruptcy Info
Case #: 4:19-bk-35517
Case Title: CICO Oil & Gas Company
Court: Texas Southern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: CICO Oil & Gas Company
Court: Texas Southern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Auction Sale of the bankruptcy estate’s interest in a producing well in Louisiana. The well is currently being operated by Key Exploration and Operating Company of Lafayette, Louisiana (“Key”). The well is located in Jefferson Davis Parish. The Debtor also has an interest in a well called the Welsh Well #2 that is not producing, but could be redeveloped as a disposal well. The Welsh #1 and #2 Wells are hereinafter referred to as the “Welsh Wells.”
Assets for sale is more described on the attached PDF.
Financial Overview
Income and Expenses ($)
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Asset and Liability Summary ($)
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Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Auction Time: 10:00 a.m.
- Bid Amount: $52,000
- Bid Increment: $500
- Bid Deposit: $5,000
- Bid Deadline: April 17, 2020
- Last date to respond: 21 days from the date of service
- Date of Service: March 13, 2020