NOTICE IS HEREBY GIVEN that the Secured Party, by Ronald M. Caspert, Licensed Auctioneer, DCA No. 0869125, will sell the collateral hereafter described at a Public Auction on May 10, 2019, to be held at the offices of Kirkland & Ellis LLP, 601 Lexington Avenue, New York, New York 10022.
Magnolia Oil & Gas said it paid $125 million to a private operator to acquire the acreage, which has minimal production.
Riley Exploration Permian said it added 13,900 acres and up to 25 net locations in Eddy County, New Mexico.
The leasing round attracted 115 bids from 76 companies vying for 257 blocks and partial blocks in the U.K. Continental Shelf.
Winners of the Call for Bids No. NL24-CFB01 will be selected based on the highest total of money the bidder commits to spend on exploration of a parcel during the first six years of a nine-year license.
BP, Shell and EOG Resources companies bid for the Modified UC Block, which is near to the Teak, Sammaan and Poui producing fields.
Gulfport Appalachia LLC has retained EnergyNet for the sale of three EOG operated Utica wells in Noble County, Ohio.
Stone Hill Minerals Holdings LLC has retained EnergyNet for the sale of a mineral and royalty 99 well package in Susquehanna and Greene counties, Pennsylvania.
Legacy Income Fund I has retained EnergyNet for the sale of a five well package in Lea County, New Mexico and Loving County, Texas.
A private seller has retained Detring Energy Advisors for the sale of its mineral and royalty interests in the Permian and Powder River basins.
Under new U.S. Bureau of Land Management rules, royalty rates will jump to 16.67% from 12.5% and minimum lease bonds will increase to $150,000 from $10,000, which industry groups say will deter future oil and gas development.
Berlin Resources LLC has retained EnergyNet for the sale of an Anadarko Basin opportunity in the Donita 35/2 AP #1H in Roger Mills County, Oklahoma.
Wayfinder Resources Operating and KSE Minerals has retained EnergyNet for the sale of a Mississippian/ Woodford opportunity in Canadian County, Oklahoma.
Magnolia Oil & Gas said it paid $125 million to a private operator to acquire the acreage, which has minimal production.
Riley Exploration Permian said it added 13,900 acres and up to 25 net locations in Eddy County, New Mexico.
