Infinity Energy Capital, Inc. has been engaged by a long-time client, which has been successfully operating in South Louisiana for over sixty (60) years. Our client is seeking to obtain a $250MM capital commitment in support of a lease acquisition and drilling program. Our client is currently negotiating on the acquisition of +/-16,000 acres in South Louisiana and intends to drill a minimum of fifteen (15) wells, with anticipated TDs at +/-24,000′. Because of the significant LNG off-take points and midstream access in the region, our client seeks ultimate production of 716 BCFE, and expects initial rates of 37.5 MMCFD, 840 BCPD.
Press Release September 23, 2023
Infinity Energy Capital, Inc. is pleased to announce it has been engaged by a real estate acquisition/development...