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LBJ Partners LLC retained EnergyNet for the sale of an Eagle Ford and Austin Chalk opportunity that consists of nonoperated working interest and overriding royalty interest (ORRI) in the Duncan and Mills units located in Karnes County, Texas.
Highlights:
- 1.284872% Working Interest / 0.963654% Working Interest in the Duncan Unit:
- 14 Producing Horizontal Eagle Ford Wells
- Includes an ORRI
- 1.275565% Working Interest / 0.956674% Working Interest in the Mills Unit:
- Six Producing Horizontal Austin Chalk Wells
- Includes an ORRI
- Six-month Average 8/8ths Production: 4,062 bbl/d of oil and 6,961 Mcf/d of gas
- Three-month Average Net Income: $133,402/Month
- Operator: EOG Resources Inc.
Sealed bids are due at 4 p.m. CDT on April 26. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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