Equus Energy Sells Working Interest in Worsham-Bayer Field
Equus Total Return, Inc. (EQS)
US:NYSE Investor Relations:
equuscap.com/investor.htm
Company Research
Source: GlobeNewswire
HOUSTON, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Fund”) announced that Equus Energy, LLC, a wholly-owned subsidiary of the Fund (“Equus Energy”), has sold its working interest in the Worsham-Bayer Field in Reeves County, Texas for $200,000. Equus Energy’s working interest in the Worsham-Bayer Field consisted of a 9.375% working interest in one gas well and 260 undeveloped acres located in the Permian Basin in west Texas. In December 2016, Equus Energy sold its 20-acre working interest in the Dewey Lake field, also located in the Permian Basin, for $250,000, or approximately $12,500 per acre, and is presently exploring the possible sale of some of its other oil and gas interests located in the Permian Basin and in other parts of Texas and Oklahoma. Established as a wholly-owned subsidiary of the Fund in 2011, Equus Energy is the Fund’s platform for energy-related investments, with particular emphasis on oil and gas enterprise
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- 4/3/24 - Form 8-K
- 4/2/24 - Form NT
- 4/2/24 - Form 10-K
- EQS's page on the SEC website