Marketed: Dewbre Petroleum South Texas Well Package, Kenedy 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.

Dewbre Petroleum Corp. retained EnergyNet for the sale of a six-well package with operations in South Texas plus HBP leasehold acreage in Kenedy County.

Highlights:

• Operations in Six Producing Wells:
  • 100.00% Working Interest / 72.00% Net Revenue Interest in Five Wells
  • 70.37% Working Interest / 50.66% Net Revenue Interest in the McGill Heirs #1 Well
• Includes Interest in Revenue Generating Santa Rosa Production Facility
• Six-month Average 8/8ths Production: 430 Mcf/d of gas and 4 bbl/d of oil
• Three-month Average Net Income: $34,936/Month
• 754.24 Net HBP Leasehold Acres
• Operator Bond Required

This is an auction property. Auction closes at 2:25 p.m. CST on May 4. For complete due diligence information visit energynet.com or email Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.