Project Profile
Value: Undisclosed
Location: State of Louisiana, USA
Reserves: unknown
Area: unknown
Production: approx. 3.7MMscfd
Start-up Year: 2013
INPEX, through its wholly-owned subsidiary, Teikoku Oil (North America), has agreed to sell all its participating interest (25%) in Block SL20183 in the State of Louisiana, USA, to Sibley Petroleum Investments. Block SL20183 is an onshore block producing natural gas at the rate of approx. 3.7MMscfd. PetroQuest Energy (operator) and US Energy hold a 55% and 20% participating interest, respectively. INPEX acquired its participating interest in Block SL20183 in 2006 and has since engaged in the production and development of natural gas there.
Operators:
PetroQuest Energy: Operator with 55% interest
US Energy: 20% interest
Sibley Petroleum Investments: 25% interest