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.
Hunt Oil Co. retained EnergyNet for the sale of 4,001 contiguous, multi-bench, HBP net leasehold acres in Harrison County, Texas, through a sealed-bid offering.
Highlights:
- ~2,702 net acres with Upper Pettit rights
- Average 90% Working Interest / 75% Net Revenue Interest (8/8th)
- ~2,330 net acres with Cotton Valley rights
- Average 93% Working Interest / 75% Net Revenue Interest (8/8th)
- ~3,448 net acres with Haynesville rights
- Average 85% Working Interest / 75% Net Revenue Interest (8/8th)
- 16 Offset Permits
- New Drill: 11 Active | Two Completed | Three Drilling / DUC
- 479 Active Offset Producers
- Select Area Operators: Comstock Oil & Gas LLC, Crescent Pass Energy LLC, Merit Energy Co., Sabine Oil & Gas Corp. and XTO Energy Inc.
Bids for Lot 95524 are due at 4 p.m. CDT on Oct. 20. The effective date of sale is Nov. 1.
For complete due diligence information visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
Recommended Reading
Marketed: ConocoPhillips Bakken Shale Opportunity
2024-09-04 - ConocoPhillips has retained EnergyNet for the sale of working interest participation in three wells located in the Bakken Shale in McKenzie County, North Dakota.
Glenfarne: Latest Customer Means Texas LNG is Ready for FID
2024-09-12 - Construction on Glenfarne’s Texas LNG is scheduled to begin this year, though the project is one of two LNG sites that had permits pulled after a court ruling in August.
FTC Oks Chevron-Hess Deal, Bans John Hess from Board
2024-09-30 - Federal regulators signed off on a blockbuster tie-up between Chevron and Hess Corp. but banned CEO John Hess from sitting on the Chevron board.
Venezuela Lost Citgo, But the Battle’s Not Over Yet
2024-10-04 - Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.
Quantum Teams Looking for Acquisitions ‘Off the Beaten Path’
2024-10-14 - Blake Webster, partner at Quantum Capital Group, said the private-equity firm’s portfolio teams are looking to buy from sellers looking for cash buyouts, though not necessarily in the usual places.
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.