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Catamount Energy Partners LLC retained EnergyNet for the sale of multiple asset packages located in southwest Colorado through three, separate auctions closing Sept. 1.
The asset packages include nonoperated working interest, overriding royalty interest (ORRI) and royalty interest in wells located in Colorado’s Archuleta and La Plata counties.
For complete due diligence information on any of the packages visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Lot 83157 - 53 Well Package (Nonoperated Working Interest, ORRI and Royalty Interest) in La Plata County, Colorado
Highlights:
- Nonoperated Working Interest in 51 Wells:
- 6.81503% to 1.627% Working Interest / 5.66235% to 1.32904% Net Revenue Interest
- An Additional 0.03597% ORRI and 0.0318% Royalty Interest in 48 Wells
- 37 Producing | Four Non-Producing | Seven Shut In | Three Unknown
- 0.35945% Royalty Interest in Two Producing Wells
- Six-month Average 8/8ths Production: 28,863 Mcf/d
- Eight-month Average Net Income: $38,379 per Month
- Operator: Simcoe LLC
Bids are due by 1:50 p.m. CDT on Sept. 1.
Lot 83158 - 18 Well Package (Nonoperated Working Interest, ORRI and Royalty Interest) in Archuleta and La Plata counties, Colorado
Highlights:
- Nonoperated Working Interest in 10 Producing Wells:
- 25.00% to 0.03254% Working Interest / 21.875% to 0.02685% Net Revenue Interest
- An Additional 1.5625% to 0.0588% Royalty Interest in Six Wells
- ORRI in Six Producing Wells:
- 1.8375% to 1.33321% ORRI
- An Additional 0.0549% Royalty Interest in Two Wells
- 0.07841% to 0.05439% Royalty Interest in Two Producing Wells
- Six-month Average 8/8ths Production: 9,180 Mcf/d
- 12-month Average Net Income: $36,523 per Month
- Operator: Simcoe LLC
Bids are due by 1:55 p.m. CDT on Sept. 1.
Lot 83159 - 36 Well Package (Nonoperated Working Interest, ORRI and Royalty Interest) in La Plata County, Colorado
Highlights:
- Nonoperated Working Interest in 14 Producing Wells:
- 50.83333% to 8.493368% Working Interest / 44.411084% to 7.4317% Net Revenue Interest
- An Additional 0.015106% Royalty Interest in the Crigler Unit MV Gas Unit 1A
- One Wellbore Only Interest
- ORRI in 18 Wells:
- 10.9375% to 0.00707% ORRI
- 12 Producing | Five Shut In | One Non-Producing
- One Wellbore Only Interest
- 0.007629% Royalty Interest in Four Producing Wells
- Six-month Average 8/8ths Production: 5,855 Mcf/d
- Seven-month Average Net Income: $32,261 per Month
- Operator: Red Willow Production Co.
Bids are due by 2 p.m. CDT on Sept. 1.
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