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.
Maverick Natural Resources LLC retained EnergyNet for Turner Gregory Unit and Ellett A-6 (Operations and ORRI) plus 3,292.09 Net HBP leasehold Acres in Mitchell County, Texas. The Permian Basin opportunity, Lot# 103732, includes a 6-month average net income of $192,502/Month.
Opportunity highlights:
- Operations in 142 Wells:
- 97.8539% WI / 80.99567% NRI in the Turner Gregory Unit (141 Wells)
- 100.00% WI / 77.91875% NRI in the Ellett A-6 Well
- 6-Month Average Net Income: $192,502/Month
- 6-Month Average 8/8ths Production: 148 BOPD
- 6-Month Average Net Production: 115 BOPD
- 3,292.09 Net HBP Leasehold Acres
Bids are due at 4:00 p.m. CDT on April 20. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.
Recommended Reading
Matador Offers $750 Million in Senior Notes Following Ameredev Deal
2024-09-20 - Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
Sheffield: E&Ps’ Capital Starvation Not All Bad, But M&A Needs Work
2024-10-04 - Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.
TC Energy Completes Spinoff of Liquids Pipeline Business South Bow
2024-10-01 - South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.
Private Producers Find Dry Powder to Reload
2024-09-04 - An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
After BKV’s IPO, Is Market Open to More Public SMID Caps?
2024-10-03 - The market for new E&P and energy IPOs has been tepid since the COVID-19 pandemic. But investor appetite is growing for new small- and mid-sized energy IPOs, says Citigroup Managing Director Dylan Tornay.
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.