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.
Nickel Road Operating LLC retained EnergyNet for the sale of a Denver-Julesburg (D-J) Basin opportunity through a sealed-bid offering closing July 15.
The offering includes operations in a three-well package and nine permitted undeveloped locations plus HBP leasehold acreage in Colorado’s Weld County.
Highlights:
- Operated Working Interest in Three Producing Wells:
- 65.46748% Working Interest / 52.95474% Net Revenue Interest (Before Payout)
- Six-month Average 8/8ths Production: 84 bbl/d of Oil and 987 Mcf/d of Gas
- 156 boe/d Net to Interest (55% Liquids) over past Three Months
- Three-month Average Net Cash Flow: $97,719/Month
- Next 12-month Operating Income of $931,500
- 148.1912 Net HBP Leasehold Acres in 320-Acre Drilling and Spacing Unit
- Fully Approved and Pooled
- Existing Surface Location Approved for a Total of 18 Wells
- Operator Bond Required
- Subject to Lien to be Released at Closing
Bids are due at 4 p.m. CST on July 15. For complete due diligence information on any of the packages visit energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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