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.
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
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.
Recommended Reading
Report: Leak Detection and Repair Work Growing Globally
2025-01-17 - Natural gas trends are boosting the companies that monitor and repair leaks, a consulting firm said in a report.
Oklo Signs MOU with RPower for Phased Power to Data Centers
2025-01-17 - Oklo and power generation company RPower will work together to provide a phased natural gas-to-emissions free approach to power data centers
US Drillers Cut Oil, Gas Rigs to Lowest Since December 2021, Baker Hughes Says
2025-01-17 - The oil and gas rig count fell by four to 580 in the week to Jan. 17.
Talos Energy’s Katmai West #2 Well Hits Oil, Gas Pay in GoM
2025-01-15 - Combined with the Katmai West #1 well, the Katmai West #2 well has nearly doubled the Katamai West Field’s proved EUR to approximately 50 MMboe gross, Talos Energy said.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
2025-01-15 - Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.