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.
EnergyNet was retained by Lane Lasrich for the sale of a Paradox Basin opportunity in San Juan County, Utah, through a sealed-bid offering closing Aug. 11.
Highlights:
- 3,165,000 barrels of oil and 3.49 Bcf of gas Total Potential
- Three Separate Drilling Opportunities:
- Tin Cup Mesa Field Infill Drilling Location (300,000 barrels of oil and 390 MMcf of gas - U Ismay)
- Horse Canyon Field Direct Stepout (225,000 barrels of oil and 350 MMcf of gas - U Ismay) | Horse Canyon Field Exploratory (1,240 barrels of oil and 1.25 Bcf of gas - Des Cr)
- Bluff Bench Shoals Exploratory Prospect (1.4 million barrels of oil and 1.5 Bcf of gas - Des Cr)
- All Can Be Tested By Shallow (<6400') Vertical Wells
- No Fracture Stimulation Needed
- Locations on Flat Ground Next to Existing Road
- Located on Either Utah State (SITLA) Or Federal Leases
Bids are due at 4 p.m. CST on Aug. 11. For complete due diligence information on any of the packages visit energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise
2025-02-02 - Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
Ovintiv Names Terri King as Independent Board Member
2025-01-28 - Ovintiv Inc. has named former ConocoPhillips Chief Commercial Officer Terri King as a new independent member of its board of directors effective Jan. 31.
EON Enters Funding Arrangement for Permian Well Completions
2024-12-02 - EON Resources, formerly HNR Acquisition, is securing funds to develop 45 wells on its 13,700 leasehold acres in Eddy County, New Mexico.
Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers
2024-11-27 - Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.
Utica Oil’s Infinity IPO Values its Play at $48,000 per Boe/d
2025-01-30 - Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.
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.