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.
EnergyNet Indigo has been selected as the exclusive adviser to market EnerVest Energy Institutional Fund IX LP’s nonoperated working interest and overriding royalty interest (ORRI) within the Utica shale play.
Highlights:
- 146,053.27 Net Leasehold Acres in Ohio and Pennsylvania (99% HBP)
- Six-month Average 8/8ths Production: 347,006 Mcf/d of gas and 7,984 bbl/d of oil
- Six-month Average Net Income: $1,240,041 per month
- Nonoperated Working Interest in 410 Wells:
- 32.889388% to 0.001577% Working Interest / 28.332567% to 0.00138% Net Revenue Interest
- 395 Producing Wells | Nine Shut-In Wells | Six DUC Wells
- Select Operators includes EAP Ohio LLC, Penn Energy Resources LLC and Pin Oak Energy Partners LLC
- ORRI in 48 Wells:
- 2.101976% to 0.003364% ORRI
- 46 Producing Wells | Two Shut-In Wells
- Select Operators include Equinor USA Onshore Properties Inc., Penn Energy Resources LLC and Seneca Resources Co. LLC
Bids are due on Oct. 7. The transaction is expected to have an Aug. 1 effective date and close by Oct. 28.
A virtual data room is available. For complete due diligence information visit indigo.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.
Recommended Reading
Chevron Targets Up to $8B in Free Cash Flow Growth Next Year, CEO Says
2025-01-08 - The No. 2 U.S. oil producer expects results to benefit from the start of new or expanded oil production projects in Kazakhstan, U.S. shale and the offshore U.S. Gulf of Mexico.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
ConocoPhillips Hits Permian, Eagle Ford Records as Marathon Closing Nears
2024-11-01 - ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle Ford, the Bakken and the Permian Basin.
Chevron Names Laura Lane as VP, Chief Corporate Affairs Officer
2025-01-13 - Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.