Marketed: Continental Resources Operated Texas Panhandle, Oklahoma Well Packages

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.

Continental Resources Inc. retained EnergyNet for the sale of multiple packages of operated assets in the Midcontinent region of western Oklahoma and the Texas Panhandle through sealed-bid offerings closing Oct. 7.

The packages include operated interest in a total of 27 wells plus HBP leasehold covering nearly 9,000 net acres in Oklahoma’s Beaver and Ellis counties and Hansford, Hartley, Lipscomb, Ochiltree and Oldham counties, Texas.

Bids are due at 4 p.m. CST on Oct. 7. For complete due diligence information visit indigo.energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.

Lot 83982

13 Well Package (Operations) plus 4,028.08 Net HBP Leasehold Acres in Beaver County, Oklahoma and Lipscomb County, Texas

Highlights

• Operations in 13 Wells:
  • 100.00% to 75.00% Working Interest / 81.232639% to 57.421875% Net Revenue Interest
  • 11 Producing Wells | Two Shut-In Wells
• Six-month Average 8/8ths Production: 37 bbl/d of Oil and 324 Mcf/d of Gas
• Four-month Average Net Income: $50,572/Month
• 4,028.08 Net HBP Leasehold Acres
• Operator Bond Required
• Further Subject to Oklahoma State Sales Tax

Lot 83983

Seven Well Package (Operations) plus 1,647.40 Net HBP Leasehold Acres in Hansford and Ochiltree Counties, Texas

Highlights:

• Operations in Seven Wells:
  • 100.00% to 37.50% Working Interest / 81.25% to 36.28125% Net Revenue Interest
  • Six Producing Wells | One Shut-In Well
• Six-month Average 8/8ths Production: 254 Mcf/d of Gas
• Four-month Average Net Income: $5,788/Month
• 1,647.40 Net HBP Leasehold Acres
• Operator Bond Required

Lot 83984

Five Well Package (Operations) plus 2,042.46 Net HBP Leasehold Acres in Hartley and Oldham Counties, Texas

Highlights:

• Operations in Five Wells:
  • 100.00% to 83.333334% WI / 80.00% to 62.50% NRI
  • Four Producing Wells | One Shut-In Well
• Six-month Average 8/8ths Production: 35 bbl/d of Oil
• Four-month Average Net Income: $28,540/Month
• 2,042.46 Net HBP Leasehold Acres
• Operator Bond Required

Lot 83985

Two Well Package (100% Gross Working Interest with Operations) plus 1,260.97 Net HBP Leasehold Acres in Ellis County, Oklahoma

Highlights:

• 100.00% Working Interest / 81.323242% Net Revenue Interest in the Producing Shrewder 1-22H Well
• 100.00% Working Interest / 80.770776% Net Revenue Interest in the Producing Garner Trust 1-7 Well
• Six-month Average 8/8ths Production: 141 Mcf/d of Gas and 1 bbl/d of Oil
• Four-month Average Net Income: $3,633/Month
• 1,260.97 Net HBP Leasehold Acres
• Operator Bond Required