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Overland Energy Partners Fund II, LLC (Overland) is offering for sale a 31 well package, including 9 permitted wells, in Weld County, Colorado. Lot# 105838 includes producing MI/RI in 40 wells, a current average 8/8ths production of 12,773 bbl/d and 49,693 mcf/d, a current average net production of 109 bbl/d and 381 mcf/d, and a 4-month average net income of $22,996 per month. Overland has retained EnergyNet as its exclusive advisor relating to the transaction.
Asset Highlights:
- Producing MI/RI in 40 Wells:
- Average 0.19% RI
- Includes 9 Approved Permitted Wells
- Current Average 8/8ths Production: 12,773 bbl/d and 49,693 mcf/d.
- Current Average Net Production: 109 bbl/d and 381 mcf/d.
- 4-Month Average Net Income: $22,996/Month
- Operators:
- Civitas Resources Inc
- PDC Energy Inc.
Bids for Lot# 105838 are due on June 6 at 2:55 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or
email Emily McGinley, Managing Director, at Emily.McGinley@energynet.com.
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