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.
Overland Energy Partners Fund II LLC retained EnergyNet for the sale of a Denver-Julesburg (D-J) Basin package in Colorado’s Weld County.
The offering, being sold as an auction property on EnergyNet.com (Lot 95182), includes net royalty acreage and recently completed wells. The property is operated by Bayswater Exploration & Production LLC.
Highlights:
- 32.47 Net Royalty Acres
- 12 Recently Completed Wells not yet in Pay Status:
- 0.31% Royalty Interest - This represents 25% of seller's total interest
- Buyer will Receive First Production
- Operator: Bayswater Exploration & Production LLC
- Two Offset Rigs
- 152 Active Offset Permits
- 612 Active Offset Producers
- Offset area operators include Civitas Resources Inc., Great Western Operating Co. LLC and PDC Energy Inc.
- Further subject to Documentary Stamp fees
![EnergyNet Marketed - Overland D-J Basin Package Weld County Colorado](/sites/default/files/inline-images/EnergyNet%20Marketed%20-%20Overland%20D-J%20Basin%20Package%20Weld%20County%20Colorado.png)
The auction closes at 3:20 pm CDT on June 28. For complete due diligence information visit energynet.com or email Emily McGinley, director of business development, at Emily.McGinley@energynet.com.
Recommended Reading
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Trio Chairman Robin Ross Named CEO Less Than a Month After Return
2024-07-15 - Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
Liberty Energy Warns of ‘Softer’ E&P Activity to Finish 2024
2024-07-18 - Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.
Talos Ups Buybacks, Pays Down Debt Post $1.29B QuarterNorth Deal
2024-07-22 - Talos Energy said it repaid $325 million in debt since closing its $1.29 billion cash-and-stock acquisition of E&P QuarterNorth in March.