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.
Battalion Oil Corp. retained EnergyNet for the sale of a Bakken Shale package through an auction closing March 2. The offering includes 6,254.7887 net leasehold acres plus a four well package (nonoperated working interest) in North Dakota’s Burke County.
Highlights:
- 6,254.7887 Net Leasehold Acres:
- 6,134.7887 Net Non-Producing Leasehold Acres | 120.00 HBP Leasehold Acres
- 100% of Oil and Gas Leases (Delivering 83.33% to 85.00% Net Revenue Interest)
- Nonoperated Working Interests in Four Producing Horizontal Wells:
- 9.375% to 4.758279% Working Interest / 7.8125% to 3.965233% Net Revenue Interest (After Payout)
- Nordloef 4-30-19TFH-160-90L is After Payout Only
- Six-month Average 8/8ths Production: 252 bbl/d of Oil and 391 Mcf/d of Gas
- Six-month Average Net Income: $22,729/Month
- Operator: Lime Rock Resources III-A LP
Bids are due at 2:25 p.m. CST on March 2. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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