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.

Hilcorp Energy Co. retained EnergyNet for the sale of a 119 well package that includes operations and overriding royalty interest (ORRI) located in Edwards, Terrell and Val Verde counties, Texas.

Highlights:

  • Operated Working Interest in 117 Wells:
    • 100.00% to 42.00% Working Interest / 81.663192% to 34.125% Net Revenue Interest
    • Eight Wells Completed in Multiple Formations
    • 66 Producing Wells | 51 Non-Producing Wells
  • ORRI in Two Producing Wells:
    • 2.00% ORRI
    • Operator: Comstock Energy LLC
  • Six-month Average 8/8ths Production: 3,827 Mcf/d of Gas and 3 bbl/d of Oil
  • Five-month Average Net Cash Flow: $190,619 per Month
EnergyNet Marketed - Hilcorp Energy Operated ORRI Assets for Sale
Hilcorp Divestment Map (Source: EnergyNet)

Bids are due Sept. 23. The transaction is expected to have an Oct. 1 effective date.

A virtual data room will be available starting Sept. 1. For complete due diligence information on any of the packages 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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