Marketed: Armor Energy Mississippian Play Opportunity, Oklahoma

The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Armor Energy LLC retained EnergyNet for the sale of a Mississippian Play opportunity in Oklahoma through a sealed-bid offering closing July 28.

The offering includes operations and nonoperated working interest in a six-well package plus HBP leasehold in Oklahoma’s Alfalfa, Caddo, Dewey and Major counties.

Highlights:

• Operated Working Interest in 3 Producing Wells:
  • 100.00% to 95.00% Working Interest / 78.430788% to 75.703126% Net Revenue Interest (Before Payout)
• Nonoperated Working Interest in Three Producing Wells:
  • 4.1016% to 2.171469% Working Interest / 3.28125% to 1.737174% Net Revenue Interest
  • Operators include Cimarex Energy Co., Sand Creek Resources LLC and Tapstone Energy LLC
• Nine-month Average Net Income: $28,115/Month
• Six-month Average 8/8ths Production: 40 bbl/d of Oil and 1,449 Mcf/d of Gas
• 1,330.7136 Net HBP Leasehold Acres
• Operator Bond Required
• Further subject to Oklahoma State Sales Tax

Bids are due at 4 p.m. CST on July 28. For complete due diligence information on any of the packages visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.