Knox Resources LLC has retained EnergyNet for the sale of a WI participation option in the prairie well package in Garvin County, Oklahoma. The Lot # 108558 package includes 9.63 net acres and two offset rigs.
Opportunity highlights:
- Wellbore Only in the Prairie 0404 33-28-21 6SXH:
- 9.63 Net Acres
- 0.5414063% WI / 0.4060547% NRI
- Projected Formation: Goddard
- Participation Cost: $65,672.42
- Pooling Order has not been Issued
- Hearing is Scheduled 10/24/2023
- Operator: 89 Energy III, LLC
- 2 Offset Rigs Operated by Mack Energy Company
- 27 Offset Permits
- New Drill: 15 DUC/Drilling | 7 Permitted
- Amended: 5 DUC/Drilling
- 788 Active Offset Producers
- Select Offset Operators:
- Continental Resources, Inc.
- Marathon Oil Company
- Ovintiv USA, Inc.
- XTO Energy Inc.
Bids are due Oct. 27 at 4:00 p.m. CST. For complete due diligence, please visit energynet.com or email Emily McGinley, director of business development, at Emily.McGinley@energynet.com or Jessica Scott, buyer relations/transaction manager at Jessica.Scott@energynet.com
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