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 IV LLC et al retained EnergyNet for a Bakken shale/Three Forks opportunity for 95 frac’d/DUC/drilling/permitted wells (all not yet in pay) plus 38 producing wells (Producing MI/RI) and 30 PUD locations in Dunn and Williams Counties, North Dakota. The Lot #105136 has a 7-month average net income of $4,534/month. Continental Resources is the operator.
Opportunity highlights:
- 92 Wells Completed but Not Yet in Pay, DUCs, Currently Drilling Wells:
- 58 Wells Frac'd or Being Frac'd Now
- 31 DUCS
- 3 Wells Currently Drilling (Rig on Location)
- 3 Permits
- Producing MI/RI in 38 Wells:
- Average ~0.25% RI
- 30 PUD Locations
- 7-Month Average Net Income: $4,534/Month
- Current Average 8/8ths Production: 1,307 BOPD and 2,575 MCFPD
- Current Average Net Production: 3 BOPD and 6 MCFPD
- Operator: Continental Resources, Inc.
Bids are due at 4:00 p.m. CDT on April 13. For complete due diligence information, please visit energynet.com or email Emily McGinley, director, at Emily.McGinley@energynet.com.
Recommended Reading
Infinity Natural Resources’ IPO Nets Another $37MM
2025-02-07 - Underwriters of Infinity Natural Resources’ January IPO have fully exercised options to purchase additional Class A common stock at $20 per share.
Equinor Commences First Tranche of $5B Share Buyback
2025-02-07 - Equinor began the first tranche of a share repurchase of up to $5 billion.
Mach Prices Common Units, Closes Flycatcher Deal
2025-02-06 - Mach Natural Resources priced a public offering of common units following the close of $29.8 million of assets near its current holdings in the Ardmore Basin on Jan. 31.
Rising Phoenix Capital Launches $20MM Mineral Fund
2025-02-05 - Rising Phoenix Capital said the La Plata Peak Income Fund focuses on acquiring producing royalty interests that provide consistent cash flow without drilling risk.
Alliance Resource Partners Adds More Mineral Interests in 4Q
2025-02-05 - Alliance Resource Partners closed on $9.6 million in acquisitions in the fourth quarter, adding to a portfolio of nearly 70,000 net royalty acres that are majority centered in the Midland and Delaware basins.
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.