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.
California Resources Corp. retained EnergyNet for the sale of a San Joaquin Basin conventional oil and gas asset through a sealed-bid offering closing Jan. 12. The offering includes Buttonwillow Deep minerals for lease and leasehold acreage plus surface acreage in California’s Kern County.
Highlights:
- 3,210.00 Net Fee Minerals for Lease
- 1,075.977 Net Leasehold Acres:
- 100% of Oil and Gas Leases
- Acreage Expires January 2022 thru June 2026
- 10.00 Surface Acres
- The land is available for a potential surface use/drill site agreement
- 8,214 Active Offset Producers
- Select area operators include Aera Energy LLC, Berry Petroleum Co. LLC, California Resources Production Corp., Chevron U.S.A. Inc. and Seneca Resources Corp.
Bids are due by 4 p.m. CST on Jan. 12. For complete due diligence information on any of the packages visit energynet.com or email Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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