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.
An undisclosed seller has retained EnergyNet for the sale of a Mississippian play opportunity in the Bennet 0607-22-27-1MXH in Grady County, Oklahoma. The lot# 116405 package includes eight offset permits and 530 active offset producers.
![EnergyNet](/sites/default/files/inline-images/116405_map.jpg)
Opportunity Highlights:
- Wellbore Only in the Bennett 0607-22-27-1MXH:
- 0.30% WI / 0.23% NRI
- Projected Formation: Mississippian
- Total Participation Cost: $44,797.04
- Sellers Have Elected to Participate
- Operator: Camino Natural Resources, LLC
- Eight Offset Permits
- New Drill: 8 DUC
- 530 Active Offset Producers
- Select Offset Operators:
- Continental Resources, Inc.
- Marathon Oil Co.
- Unit Petroleum Co.
Bids are due May 8 at 4 p.m. CDT. For complete due diligence, please visit energynet.com or email Emily McGinley, managing director, at Emily.McGinley@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
Recommended Reading
Oil Prices Up Slightly as US Crude Oil Inventories Fall
2024-07-03 - The U.S. Energy Information Administration reported a 12.2 million draw in the country's crude oil barrels in storage last week.
What's Affecting Oil Prices This Week? (July 8, 2024)
2024-07-08 - During third-quarter 2024, Stratas Advisors are forecasting that the price of Brent crude will average $87.90 and the price of WTI will average $82.37.
Commentary: Oil Traders Ignore Dwindling Stocks to Focus on Economy
2024-08-08 - Oil prices have retreated in recent weeks as traders look past the current depletion in global inventories to focus on the threat of possible economic slowdowns.
US Gasoline Margins Slump on Lackluster Summer Demand
2024-08-21 - Gasoline futures were last down about 2.8% and their premium over West Texas Intermediate crude oil futures shrank to their weakest since Nov. 7, 2023.
Oil Settles $1 Down After US Job Data Revised Significantly Lower
2024-08-21 - U.S. employers added far fewer jobs than originally reported in the year through March, the Labor Department said on Aug. 21.