JP Morgan Subsidiary Offers Black Warrior Basin Minerals in Alabama

JP Morgan Subsidiary Offers Black Warrior Basin Minerals in Alabama

The Oil & Gas Asset Clearinghouse has been retained by SCG Equities II Holding Corporation, a subsidiary of JP Morgan Chase & Co, to sell their mineral rights in various counties in Alabama.

Data Room Opens: October 16, 2015

Bids Due: November 5, 2015

Effective Date: November 1, 2015

 

Highlights

  • 271,194 Gross & 134,274 Net Mineral Acres
  • 51.579% Average Ownership
  • Alabama’s Black Warrior Basin
  • Cullman, Franklin, Lawrence, Marion, Morgan, Walker & Winston Counties
  • Oil & Gas Rights: Development Opportunity in the Pottsville Coal Reservoir and Others
  • Development Reservoirs: Carter Sandstone, Pottsville Coal Formation and Others
  • SCG Equities 27.368% and Charter Holdings Alabama 24.211%
  • Future Potential from Coal Royalties and CBM Development

 

Click Here for the Marketing Flyer for Black Warrior Basin

For More Information Contact:

Denna Arias – Project Manager – 832-601-7605

darias@ogclearinghouse.com

Lynn McMaster – Executive Assistant – 832-601-7636

lmcmaster@ogclearinghouse.com

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