West Virginia

GeoMet Inc., Houston, engaged a divestment firm to market a 50% nonoperated working interest in 147 wells in the eastern part of Pond Creek field in West Virginia.

By OGJ editors
HOUSTON, July 10
– GeoMet Inc., Houston, engaged a divestment firm to market a 50% nonoperated working interest in 147 wells in the eastern part of Pond Creek field in West Virginia.

The company estimated that the 50% interest represented 20% of its net daily production and 10% of its proved reserves as of Dec. 31, 2008. A data room will be open until Aug. 14.

More in Area Drilling