The package includes approximately 110,000 net acres in central Louisiana, including 30,000 net held-by-production acres and 80,000 net undeveloped acres, the latter of which are paid up leases having three-year primary terms and two year-extension options that deliver an average net revenue interest of 79%.
Net production is 335 barrels of oil equivalent per day from 10 operated and 47 nonoperated wells. The assets feature a natural gas liquids yield of 85 barrels
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