This is a public record generated listing.
Oil and Gas Wells in Texas
Listing Information
Attachments
Oil and Gas Wells in Texas
Price: $8,500,000.00
Other Item Info
Item #: cobke_472396
Created: 12/05/2018
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Created: 12/05/2018
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Seller Info
Keri L. Riley
Debtor's Attorney
1660 Lincoln St., Ste.1850
Denver, CO 80202
303-832-2400
Debtor's Attorney
1660 Lincoln St., Ste.1850
Denver, CO 80202
303-832-2400
Bankruptcy Info
Case #: 1:18-bk-14535
Case Title: Whitewater/Evergreen Operations, LLC and SWD, LLC
Court: Colorado Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Whitewater/Evergreen Operations, LLC and SWD, LLC
Court: Colorado Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of the sellers, HBC, and the other non-debtor co-owners of interests in the Wells, have agreed to sell their respective ownership interests in the Wells such that 100% of the working interests in the Wells. The sellers collectively owns the following underground disposal well(s) (together with any and all surface facilities, underground facilities and appurtenances associated therewith):
- That certain underground disposal well identified as the Cheapside Well, API No. 42- 177-32664, UIC No. 000104786, located in Gonzalez County, Texas (the “Cheapside Well”);
- That certain underground disposal well identified as the Fashing Well, API No. 42-013-34778, UIC No. 000105713, located in Atascosa County, Texas (the “Fashing Well”); and
- That certain underground disposal well identified as the Fowlerton Well, API No. 42-283-34233, UIC No. 000105066, located in LaSalle County, Texas (the “Fowlerton Well”; together with the Cheapside Well and the Fashing Well, collectively the “SWD Wells” and each, individually, an “SWD Well”), in each case, together with the salt water disposal permits from the Railroad Commission of Texas (the “RRC”) associated therewith (such permits, SWD Wells and appurtenant facilities, collectively and as more particularly described in Section 1.01 on the attached PDF, the “SWD Assets”).
Financial Overview
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Additional Details
Purchase Price: The total purchase price of the Wells proposed under the APA is $8,500,000 (“Purchase Price”), with value allocated among the Wells as follows:
- Cheapside Well: $4,000,000
- Fowlerton Well: $3,250,000
- Fashing Well: $1,250,000