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Endeavor Energy Resources LP retained EnergyNet for the sale of a 21 well package with operations plus 3,170 net leasehold acres in the Permian Basin through an auction. The properties, Lot# 95112, are located in Chaves, Lea and Roosevelt counties, New Mexico.
Highlights:
- Operations in 21 Wells:
- Average ~90.30% Working Interest / Average ~68.33% Net Revenue Interest
- Three-month Average Net Cash Flow: $44,229/Month
- Six-month Average 8/8ths Production: 42 bbl/d of oil and 247 Mcf/d of gas
- Six-month Average Net Production: 32 bbl/d of oil and 196 Mcf/d of gas
- ~3,170.00 Net Leasehold Acres
- Operator Bond Required
- Subject to Lien to be Released at Closing
The auction closes at 1:50 p.m. CDT on Sept. 7. For complete due diligence information visit energynet.com or email Lindsay Ballard, managing director, at Lindsay.Ballard@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
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