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Mammoth Exploration LLC retained EnergyNet for the sale of a Strawn Sand well package through an auction closing July 12. The auction property, Lot 95841, includes overriding royalty interest (ORRI) in three producing horizontal wells in Scurry County, Texas.
Highlights:
- ORRI in Three Producing Horizontal Wells:
- 0.625% ORRI in the Great Smoky 139 1H Well
- 0.684524% ORRI in the Ribeye 88 1H Well
- 0.666709% ORRI in the Ribeye E 88-103 2H Well
- Six-month Average Net Income: $18,850/Month
- Six-month Average 8/8ths Production: 870 bbl/d of oil and 1,963 Mcf/d of gas
- Six-month Average Net Production: 12 bbl/d of oil and 9 Mcf/d of gas
- Operator: Clear Fork Inc.
Bids are due at 2 p.m. CDT on July 12. For complete due diligence information visit energynet.com or email Lindsay Ballard, managing director of business development, at Lindsay.Ballard@energynet.com.
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