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.
A private Seller has retained EnergyNet for the sale of an Eagle Ford Shale opportunity, 42 property packages in Bee, Karnes and Live Oak Counties, Texas. The Lot # 105200 package includes a net revenue of $468,506 monthly.
Opportunity highlights:
- Royalty/Mineral Interest & NPRI in 42 Properties :
- Avg. Interest ~2.28%
- 6-Month Average:
- 8/8ths Production: 7,854 BOPD and 66,983 MCFPD
- Net Production: 165 BOPD and 1,491 MCFPD
- Net Revenue: $468,506/Month
- Operators:
- Burlington Resources O & G Co. LP
- Marathon Oil EF LLC
Bids are due Dec. 1 at 4:00 p.m. CST. For complete due diligence, please visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.
Recommended Reading
Proxy Vote Preview: Chevron, Hess and Guyana Uncertainty
2024-05-27 - Chevron Corp. stockholders will vote on May 28 and Hess’ stakeholders on May 29 on a $53 million combination that largely centers on Hess’ stake offshore Guyana.
Martin Resource Offers to Buy Spinoff Martin Midstream for $100.3MM
2024-05-27 - Martin Resource Management created Martin Midstream through an IPO in 2002.
Wintershall Adopts Halliburton Landmark’s UEM Subsurface Tool
2024-05-22 - Wintershall Dea is looking to implement the Unified Ensemble Modeling solution in its drilling campaign at the Maria Field in the Norwegian Sea in 2025, allowing real-time static and dynamic data.
Crescent’s Credit Score Found Positive Following $2.1B SilverBow Deal
2024-05-23 - Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal.
Enerplus, Chord on Track to Close $4B Williston Deal on May 31
2024-05-23 - Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.