PP

GULF COAST NONOP SALE PACKAGE

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained


GULF COAST NONOP SALE PACKAGE

VERMILION PR LA WI FOR SALE

5-Wells. 2-Producing. 1-PDNP. 2-SWD.

PROLIFIC SOUTH LOUISIANA

BAYOU HEBERT & TIGRE LAGOON

LOWER CRIS R & CRIS R2A

BEHIND PIPE POTENTIAL.

1-UpDip Proved Undeveloped Location

242 Net Acres. All Held By Production.

~8.3% NonOperated WI & 6.0% NRI

Gross Prod: 1,361 BOPD & 40,366 MCFD

Net Production: 74 BOPD & 2,209 MCFD

HIGH BTU and PREMIUM NGL SALES

Recent Net Cash Flow: ~$467,450/Mn

STRONG CASH FLOW

SOLD BY EAG - DECEMBER 2019

PP 2072DV

Summary
Energy Advisors Group is marketing non-operated working interest in 5 Wells in South Central Louisiana being operated by PetroQuest Oil & Gas. The wells averaged ~$467,450 per month of net cash flow through February 2019.

The sale package consists of 5-wells (2-PDP, 1-PDNP & 2-SWD) located in Vermilion Parish, Louisiana in the Bayou Hebert and Tigre Lagoon fields.

April 2019 production totals 1,361 BOPD & 40.4 MMCf/d with a majority of the production coming from the highly productive Hunlin ETAL #1 (API: 17-113-22476) which was completed in July of 2015 and has yielded 55 BCFE of cumulative production to date. The producing reservoir is the gas rich Lower Cris R formation yielding high BTU for premium NGL sales.

The second producing well is the A Broussard 001 which makes 68 BOPD and 3,306 MCFD.

The package delivers an average ~8.3% WI & 6.0% NRI ownership over ~242 net acres (HBP) with current net volumes of 74 BOPD & 2.2 MMcf/d.

Upside
While the seller is expecting PDP driven offers, the buyer is stepping into wellbores with additional behind pipe pay zones and undeveloped locations. The Brosussard #2 (17-113-22358) has an additional behind pipe zone in the Cris R2A sand and at least one PUD location updip from the current producing wells in Bayou Hebert.

Field History
The Bayou Hebert Field was discovered in 2011 by Yuma Energy and includes the:

Thibodeaux #1, (API 17-113-22421) IP Sep 2011; IP'd 10.5 MMCFED; Cummd 45 BCFE, Last Production Dec 2018.
A Broussard #1, (API 17-113022358); Cummd 60+ BCFE; Making 68 BOPD and 3,306 MCFD.
A Broussard #2, (API 17-113-22445), Cummd 34 BCFE.

The Tigre Lagoon Field was discovered in 2014 by PetroQuest and includes the:

Hulin et al 001; (API 17-113-22476) Online Since July 2015; IP at 33.5 MMCFED; Cummd 55 BCFE

Both fields are two of the most productive fields in Louisiana.

CONTACT AGENT
Energy Advisors Group
Mr. Ross Benoche
Director - Sell-Side Services
5120 Woodway Dr Ste 10010
Houston, TX 77056
---Phone: 713-600-0123 Direct: 713-600-0154 Cell: 832-338-2810
---Email: [email protected]


TO LEARN MORE
Energy Advisors Group
Mr. Ronyld Wise
Managing Director
5120 Woodway Dr Ste 10010
Houston, TX 77056
USA
Phone: 713-600-0123 and Fax: 713-600-0138
Email: [email protected]

Questions Regarding This Asset? Email Ronyld Wise or call EAG at 713-600-0123
Virtual Data Room

VERMILION PR LA WI FOR SALE

5-Wells. 2-Producing. 1-PDNP. 2-SWD.

PROLIFIC SOUTH LOUISIANA

BAYOU HEBERT & TIGRE LAGOON

LOWER CRIS R & CRIS R2A

BEHIND PIPE POTENTIAL.

1-UpDip Proved Undeveloped Location

242 Net Acres. All Held By Production.

~8.3% NonOperated WI & 6.0% NRI

Gross Prod: 1,361 BOPD & 40,366 MCFD

Net Production: 74 BOPD & 2,209 MCFD

HIGH BTU and PREMIUM NGL SALES

Recent Net Cash Flow: ~$467,450/Mn

STRONG CASH FLOW

SOLD BY EAG - DECEMBER 2019

PP 2072DV

Summary
Energy Advisors Group is marketing non-operated working interest in 5 Wells in South Central Louisiana being operated by PetroQuest Oil & Gas. The wells averaged ~$467,450 per month of net cash flow through February 2019.

The sale package consists of 5-wells (2-PDP, 1-PDNP & 2-SWD) located in Vermilion Parish, Louisiana in the Bayou Hebert and Tigre Lagoon fields.

April 2019 production totals 1,361 BOPD & 40.4 MMCf/d with a majority of the production coming from the highly productive Hunlin ETAL #1 (API: 17-113-22476) which was completed in July of 2015 and has yielded 55 BCFE of cumulative production to date. The producing reservoir is the gas rich Lower Cris R formation yielding high BTU for premium NGL sales.

The second producing well is the A Broussard 001 which makes 68 BOPD and 3,306 MCFD.

The package delivers an average ~8.3% WI & 6.0% NRI ownership over ~242 net acres (HBP) with current net volumes of 74 BOPD & 2.2 MMcf/d.

Upside
While the seller is expecting PDP driven offers, the buyer is stepping into wellbores with additional behind pipe pay zones and undeveloped locations. The Brosussard #2 (17-113-22358) has an additional behind pipe zone in the Cris R2A sand and at least one PUD location updip from the current producing wells in Bayou Hebert.

Field History
The Bayou Hebert Field was discovered in 2011 by Yuma Energy and includes the:

Thibodeaux #1, (API 17-113-22421) IP Sep 2011; IP'd 10.5 MMCFED; Cummd 45 BCFE, Last Production Dec 2018.
A Broussard #1, (API 17-113022358); Cummd 60+ BCFE; Making 68 BOPD and 3,306 MCFD.
A Broussard #2, (API 17-113-22445), Cummd 34 BCFE.

The Tigre Lagoon Field was discovered in 2014 by PetroQuest and includes the:

Hulin et al 001; (API 17-113-22476) Online Since July 2015; IP at 33.5 MMCFED; Cummd 55 BCFE

Both fields are two of the most productive fields in Louisiana.

CONTACT AGENT
Energy Advisors Group
Mr. Ross Benoche
Director - Sell-Side Services
5120 Woodway Dr Ste 10010
Houston, TX 77056
---Phone: 713-600-0123 Direct: 713-600-0154 Cell: 832-338-2810
---Email: [email protected]


TO LEARN MORE
Energy Advisors Group
Mr. Ronyld Wise
Managing Director
5120 Woodway Dr Ste 10010
Houston, TX 77056
USA
Phone: 713-600-0123 and Fax: 713-600-0138
Email: [email protected]

Questions Regarding This Asset? Email Ronyld Wise or call EAG at 713-600-0123