Project Profile
Value: US$735 million
Location: Colorado, USA
Reserves: 814 Bcfe
Gas Production: 240 MMcf/d
Oil Production: 2,178 bbls/d
Piceance Natural Gas is located in northwestern Colorado in USA. Piceance assets include approximately 550,000 net acres of leasehold and approximately 3,100 operated wells which produced an average 240 million cubic feet per day (MMcf/d) of natural gas and 2,178 barrels per day (bbls/d) of liquids through the first quarter of 2017. Estimated year-end 2016 proved reserves were 814 billion cubic feet equivalent (Bcfe).
Operators:
Caerus Oil and Gas LLC: 100% interest