Marketed: Pecos County, Texas Well Package, Operations, Nonop, Leasehold

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.

Lovely Oil LLC and lskandia Energy Operating Inc. retained EnergyNet for the sale of a 113 well package within the Permian Basin in Pecos County, Texas, through a sealed-bid offering closing Sept. 8.

The offering includes operations and nonoperated working interest plus 6,480 net leasehold acres.

Highlights:

• 6,480.00 Net Leasehold Acres
  • 28.6% of Acreage is All Depths
  • 94% of Acreage Covers the Clear Fork/Tubb Formations
• Operated Working Interest in 111 Wells:
  • 100.00% to 76.04167% Working Interest / 86.24086% to 59.83075% Net Revenue Interest
  • 32 Producing Wells | Four Injection Wells (Three Temporarily Abandoned) | 28 Non-Producing Wells | 49 Temporarily Abandoned Wells
• Nonoperated Working Interests in Two Wells:
  • Operators: Four C Oil & Gas Corp.and N & O Oil Co.
• Six-month Average 8/8ths Production: 34 bbl/d of Oil and 32 Mcf/d of Gas
• Operator Bond Required

Bids are due by 4 p.m. CST on Sept. 8. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.