Assets of Oil & Natural Gas Company
Listing Information
Assets of Oil & Natural Gas Company
Created: 07/01/2020
Category: Business Property > All Assets or Going Concerns > Oil & Gas Producers
Sale Location: Houston, Texas
Sale Date: Tue. Sep 15, 2020
Debtor's Attorney
600 Travis Ste 4200
Houston, TX 77002
713-220-3810
Case Title: Sable Permian Resources, LLC and SPR Stock Holdings, LLC
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of substantially all of assets of Sable Permian Resources, LLC and SPR Stock Holdings, LLC (collectively, the “Sellers”). The sellers are an oil and natural gas company focused on the acquisition, development, exploration and production of unconventional oil, natural gas, and natural gas liquid reserves in the Permian Basin of West Texas. The sellers operate an “upstream business” within the oil and gas industry, with activities that are focused on oil and gas development in the Wolfcamp Shale play in the southern Midland Basin area within the Permian Basin. The majority of the sellers net acreage position overlays some of the thickest deposits of the Wolfcamp Shale play, which contains substantial recoverable oil and natural gas reserves, which the sellers believe exhibit repeatable, long-lived production profiles.
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
Houston, TX, 77002
Additional Details
- Auction Time: 9:00 a.m.
- Sale Hearing Held on September 17, 2020.
- Bid Deposit: 10% of the purchase price
- Bid Deadline: September 11, 2020
- Last date to respond: August 19, 2020