The following information is provided by EN Indigo. All inquiries on the following listings should be directed to EN Indigo. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Maverick ORRI, LP (Maverick) is offering for sale overriding royalty interests (“ORRI”) in Atascosa, Dimmit, and Karnes Counties, Texas. Lot# 106170 includes 389 active wells with 2.58% average wellbore NRI, 642 boe/d LTM average net production, an estimated LTM cash flow of $1.2 million per month, 37,402 gross acres, more than 600 undeveloped locations remaining, and a projected NTM cash flow of $13.2 million. Maverick retained EN Indigo as the exclusive advisor for this transaction.
Asset Highlights:
- 389 active wells with 2.58% average wellbore NRI
- 642 boe/d LTM average net production (79% liquids)
- Leading operators such as EOG, Marathon, ConocoPhillips and Devon
- $1.2MM / mo. LTM average cash flow
- More than 600 undeveloped locations remaining
- 37,402 gross acres 100% HBP
- $13.2MM projected NTM cash flow (1)
- Certain ORRI assets feature WI conversion option with compelling economics
Bids for Lot# 106170 are due on June 29 at 4:00 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or email Zachary Muroff, Managing Director, at Zachary.Muroff@energynet.com or Reilly Bilton, Director of Engineering at EnergyNet Indigo, at Reilly.Bilton@energynet.com.
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