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Thomas L. Taylor, as receiver for Breitling Royalties, retained EnergyNet for the sale of royalty interest and overriding royalty interest (ORRI) in a multiple property package across several states through a sealed-bid offering closing Oct. 5.
Highlights:
- Royalty or Overriding Royalty Interest in 634 Properties (Multiple Wells):
- 533 Producing Properties | 95 Non-Producing Properties | Six Shut-In Properties
- Includes an Unleased Mineral Interest in Six Wells
- Select Operators include Chesapeake Operating LLC, Callon LLC, EQT Production Co., TEP Barnett USA LLC, Torrent Oil LLC and XTO Energy Inc.
- Monthly Average Net Income: $58,921/Month
- Six-Month Average 8/8ths Production: 37,853 bbl/d of Oil and 187,407 Mcf/d of Gas (includes unit production)
Bids are 4 p.m. CST on Oct. 5. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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