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Black Bear Oil & Gas LLC retained EnergyNet for the sale of a 52 well package in the Bakke Shale / Three Forks play that includes producing mineral and royalty interests in North Dakota’s McKenzie County.
Highlights:
- Producing Mineral Interst / Royalty Interest in 52 Wells:
- Average 0.25% Royalty Interest
- 50 Producing Wells | Two Wells in Confidential Status
- Six-month Average 8/8ths Production: 2,787 bbl/d of oil and 26,371 Mcf/d of gas
- Four-month Average Net Income: $13,897/Month
- Operators: Oasis Petroleum North America LLC and XTO Energy Inc.
- Mortgage to be Released at Closing
This is an auction property closing at 1:50 p.m. CST on April 14. For complete due diligence information visit energynet.com or email Emily McGinley, director of business development, at Emily.McGinley@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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