Legacy Income Fund I Ltd. has retained EnergyNet for the sale of a Permian Basin 5 Hz well package WI located in Lea County, New Mexico. The Lot # 108679 package includes 321 offset permits and 439 active offset producers.
Opportunity highlights:
- Wellbore Only in 5 Hz Wells:
- 0.270527% to 0.196845% WI / 0.223185% to 0.162397% NRI
- Projected Formations: Bone Spring / Wolfcamp
- Participation Cost: $136,374.57
- Election to Participate is due 11/05/2023
- Operator: Earthstone Operating, LLC
- 3 Offset Rigs
- 321 Offset Permits
- New Drill: 9 Completed | 60 DUC/Drilling | 252 Permitted
- 439 Active Offset Producers
- Select Offset Operators:
- Ameredev Operating, LLC
- Devon Energy Production Company, LP
- EOG Resources, Inc.
Bids are due Nov. 1 at 4:00 p.m. CST. For complete due diligence, please visit energynet.com or email Zach Muroff, managing director, at Zachary.Muroff@energynet.com
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