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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Avalon Acquires Oklahoman Assets

Avalon Exploration, Inc. Cantex Energy Corporation
AnnouncedDec 22, 2008
TypeProperty
Announced Date
December 22,2008
Close Date
December 22,2008
Transaction Type
Property




Snapshot
TargetZones:
{"Viola Limestone","
Proved Reserves

Location
Region
Mid-Continent

Country
United States

State
Oklahoma

Production & Reserves
Reserves


Transaction Details:  Subscribe to see

Avalon Oil & Gas, Inc., announced it has signed a letter agreement to acquire all of the oil and gas producing assets owned by Bedford Energy, Inc., in the East Chandler Field, Lincoln County, Oklahoma. Avalon will increase its current interest in the Grace #2 well and acquire working interests in four other producing wells in the East Chandler Field: the Grace #1, Grace #3, Grace #5A and Grace #6 wells. The Grace #2 working interest was acquired by Avalon in June, 2008, and the well is currently producing 350 MCF of gas per day.

Avalon is increasing its working interest in the Grace #2 from…

United States Deal Activity In Last 12 Months



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