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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.
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