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 Oil & Gas retained EnergyNet to handle the sale of well packages in the Denver-Julesburg (D-J) and Williston basins.
For complete due diligence information on either package visit energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Lot 78420 - Overland Energy Partners Fund I LLC et al (D-J Basin)
8 Well Package (Producing Mineral Interest/RI) in Weld County, Colorado
Highlights:
- 1.958532% to 0.901724% Mineral Interest/Royalty Interest in Eight Producing Wells
- Six-Month Average 8/8ths Production: 536 bbl/d of Oil and 2,375 Mcf/d of Gas
- Five-Month Average Net Income: $9,468/Month
- Operator: Extraction Oil & Gas Inc.
- Further subject to Documentary Stamp Fees
Auction closes at 3:15 p.m. CST Feb. 9.
Lot 78470 - Overland Mineral Holdings LLC et al (Williston Basin)
10 Well Package (Producing Mineral Interest/Royalty Interest) in Bakken Shale / Three Forks in Dunn County, North Dakota
Highlights:
- 0.10593% Mineral Interest/Royalty Interest in 10 Producing Wells
- Six-Month Average 8/8ths Production: 3,227 bbl/d of Oil and 3,397 Mcf/d of Gas
- Three-Month Average Net Income: $6,165/Month
- Operator: Continental Resources Inc.
Auction closes at 2:45 p.m. CST Feb. 11.
Lot 78763 - Overland Energy Partners Fund II LLC (D-J Basin)
Six Well Package (Producing Mineral Interest/Royalty Interest) in Weld County, Colorado
Highlights:
- 0.529588% to 0.264048% Mineral Interest/Royalty Interest in Six Producing Wells
- Current Average 8/8ths Production: 2,644 bbl/d of Oil and 12,675 Mcf/d of Gas
- Five-Month Average Net Income: $13,847/Month
- Operator: Noble Energy Inc.
- Further subject to Documentary Stamp Fees
Auction closes at 2:50 p.m. CST Feb. 11.
Recommended Reading
Are Shale Producers Getting Credit for Reining in Spending Frenzy?
2024-12-10 - An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift.
Companies Take Advantage of ABSs to Finance Acquisitions
2024-10-17 - Some companies have taken advantage of asset-backed securitizations to monetize some of their cash flows and better position themselves for a sale.
Berry Closes Debt Refinancing to Uphold Growth Commitments
2024-12-26 - Berry Corp. closed a debt refinancing agreement to continue its corporate strategy of promoting scale and diversification.
E&P Consolidation Ripples Through Energy Finance Providers
2024-11-29 - Panel: The pool of financial companies catering to oil and gas companies has shrunk along with the number of E&Ps.
New Fortress Makes Headway on $2.7B Debt Refinancing
2024-11-26 - New Fortress Energy Inc. anticipates raising approximately $325 million in gross proceeds through the refinancing.
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.