The Oil & Gas Asset Clearinghouse will hold anotherlive/Internet energy property auction later this month.

Through an Internet browser, registered on-line bidders will beable to compete in real-time against both floor and other Internetbidders. Users must pre-register at www.petroleumplace.com toparticipate as an on-line bidder or viewer.

The April 26 auction will feature 1,825 top quality oil and gasproperties, according to the Englewood, CO, clearinghouse company.It will begin at 9 a.m. at the Sheraton North Houston Hotel inHouston, TX. Sellers will include: Chesapeake, BP Amoco, SwiftEnergy, Apache, Cross Timbers Oil, St. Mary Land & Exploration,CamWest, Maynard Oil, Fasken Land and Minerals and others. Theproperties that will be auctioned are located in a number ofstates.

Among the selected offerings will be 58 “exceptional,higher-valued” properties. These include some Swift Energy fieldsin Alabama, Louisiana, Oklahoma, Texas and Wyoming; Cross Timbers’properties in Colorado and Texas; A.C.T. Operating properties inNew Mexico; Chesapeake properties in Oklahoma; Nadle & Gussmanproperties in several counties in Oklahoma; Exploration VentureCapital’s properties in Texas; a Maynard Oil field in Texas;CamWest properties in Texas; St. Mary Land & Explorationproperty in Texas; Simpson Investments’ fields in Texas and others.

Susan Parker

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