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.
Foundation Energy Management LLC retained EnergyNet for the sale by Foundation Energy Fund IV-A LP of certain oil and gas properties and related assets located in various counties in Arkansas and Oklahoma through a sealed-bid offering.
Highlights:
- Operated Working Interest in 278 Wells:
- Average Working Interest ~50.85% / Average Net Revenue Interest ~40.90%
- Eight Wells Producing and Reporting from Multiple Formations
- 226 Producing Wells | 52 Shut-In Wells
- Five Wells are Wellbore Only
- Six-month Average 8/8ths Production: 7,660 Mcf/d
- Three-month Average Net Income: $115,741/Month
Bids are due Oct. 14. The transaction is expected to have a Dec. 1 effective date.
A virtual data room is available. For complete due diligence information on any of the packages visit energynet.com or email Zachary Muroff, vice president of business development, at Zachary.Muroff@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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