Midcon Oil and Gas Assets Acquisition
Option secured · Oklahoma · Last reported Apr 2026
Source: Proactive financial news
Electric Guitar PLC has secured an option to acquire a 50% stake in a portfolio of producing oil and gas wells in Oklahoma, known as the Midcon Assets. The portfolio includes 28 operated wells in Custer County, 58 potential drilling locations, and a share of a natural gas gathering system. The wells produce around 533 barrels of oil equivalent per day, with revenue mainly from crude oil and liquid
- Status
- Prospective
- Sector
- Natural Gas, Oil and Gas
- Location
- Custer County, Oklahoma, United States of America
- Updated
- 22 Jul 2026
- Source
- Proactive financial news
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Project Information
Participants
| Not available for this record. |
Status
Original status | option secured |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Electric Guitar PLC has secured an option to acquire a 50% stake in a portfolio of producing oil and gas wells in Oklahoma, known as the Midcon Assets. The portfolio includes 28 operated wells in Custer County, 58 potential drilling locations, and a share of a natural gas gathering system. The wells produce around 533 barrels of oil equivalent per day, with revenue mainly from crude oil and liquids. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Oklahoma |
City | Custer County |
Source
Source | Proactive financial news |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Oil and Gas |
Article published date | 2026-05-02 |
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