Krewe Energy Acquires Coquille Bay Field

Covington, La.-based Krewe Energy recently completed the acquisition of a private owner’s interest in and operatorship of the Coquille Bay Field located in Plaquemines Parish, La.

The Coquille Bay Field is a vintage South Louisiana property, which has been actively producing since the 1950s. The field is now being operated by Krewe Energy’s operating subsidiary, S2 Energy Operating, and efforts are currently underway to further optimize and increase production rates in the field.

Krewe Energy said that it is focusing on the growth and further development of its existing asset base while also seeking additional acquisitions of mature assets within its core operating area of the Gulf Coast — South Louisiana oil and gas trend.