One-Page Deal Sheet
Krewe Energy Picks Up W.I. in Gulf Coast Lapeyrouse Field
Krewe Energy LLC Not Disclosed
Announced Date
October 12,2016
Close Date
October 11,2016
Transaction Type
Working Interest
Asset/Basin:
{"Gulf Coast (South Louisiana)"}
Transaction Details: Require Private Equity Subscription
Krewe Energy has acquired the remaining working interest in the Lapeyrouse Field, giving Krewe approximately 100% interest in the field.
The Lapeyrouse Field is a South Louisiana legacy property that has been actively producing since the early 1940’s. The Company made its initial entrance into the field at year-end 2015.
To date, Krewe’s detailed field study has uncovered a variety of work-over and recompletion opportunities in the field. The Company has since initiated an ongoing work-over program and production in the field has increased from a rate of less than 100 barrels of oil…
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