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
![EnergyNet Marketed Map Daylight Petroleum Cooke County Texas Well Package](/sites/default/files/inline-images/EnergyNet%20Marketed%20Map%20Daylight%20Petroleum%20Cooke%20County%20Texas%20Well%20Package.png)
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
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.
Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas
2024-05-07 - Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.
Permian Resources Adds More Delaware Basin Acreage
2024-05-07 - Permian Resources also reported its integration of Earthstone Energy’s assets is ahead of schedule and raised expected annual synergies from the deal.
Evolution Petroleum Sees Production Uplift from SCOOP/STACK Deals
2024-05-07 - Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.