Marketed: D-J Basin Operated Working Interest Package in Colorado’s Weld County

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.