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.
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
![EnergyNet Marketed Map - Black Bear Oil and Gas Bakken Shale Three Forks Opportunity](/sites/default/files/inline-images/EnergyNet%20Marketed%20Map%20-%20Black%20Bear%20Oil%20and%20Gas%20Bakken%20Shale%20Three%20Forks%20Opportunity.png)
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.
Recommended Reading
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
EnLink Investors Vote in Favor of ONEOK Buyout
2025-01-30 - Holders of EnLink units voted in favor of ONEOK’s $4.3 billion acquisition of the stock, ONEOK announced Jan. 30.
Dividends Declared Week of Jan. 13
2025-01-17 - With 2024 year-end earnings season underway, here is a compilation of dividends declared from select upstream, midstream and downstream companies.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
2025-02-02 - The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers.
BP Cuts Over 5% of Workforce to Reduce Costs
2025-01-16 - BP will cut over 5% of its global workforce as part of efforts to reduce costs and rebuild investor confidence.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.