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Daylight Petroleum LLC retained EnergyNet for the sale of a 67 well package with operations, nonoperated working interest and royalty interest in Cooke County, Texas.
Highlights:
- Operated Working Interest in 54 Wells:
- Average Working Interest ~91.23% / Average Net Revenue Interest ~79.60%
- An Additional Royalty Interest in Four Wells
- Nonoperated Working Interest in 11 Wells:
- Average Working Interest ~1.47% / Average Net Revenue Interest ~1.19%
- Operators: Bend Petroleum Corporation and Jones L. E. Operating Inc.
- Royalty Interest in Two Wells:
- Average Royalty Interest 9.625%
- Includes an Unleased Mineral Interest in the Starnes #2 Well
- Six-month Average 8/8ths Production: 246 bbl/d of oil and 25 Mcf/d of gas
- Six-month Average Net Income: $210,296/Month
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Sealed bids are due at 4 p.m. CDT on April 21. For complete due diligence information visit 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.
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