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.
Pendragon Production Co. retained EnergyNet for the sale of a 321-well non-operated package located in Tuscaloosa County, Ala. The Lot# 104172 includes a working interest in the wells, operated by PGP Operating LLC.
Opportunity highlights:
- Non-Operated WI in 321 Wells
- ~11.053115% Avg. BPO WI / ~9.468848% Avg. BPO NRI
- ~11.049065% Avg. APO WI / ~9.469698% Avg. APO NRI
- Operator: PGP Operating, LLC 6-Month Average 8/8ths Production: 9,824 MCFPD
- 7-Month Average Net Income: $117,715/Month
Bids are due at 1:50 p.m. CDT on Feb. 22. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com or Jewell Arias, buyer relations, at Jewell.Arias@energynet.com.
Recommended Reading
Dividends Declared Week of Nov. 4
2024-11-08 - Here is a compilation of dividends declared from select upstream and midstream companies in the week of Nov. 4.
TC Energy Appoints Two Independent Directors to Board
2024-11-07 - TC Energy Corp. appointed Independent Directors Scott Bonham and Dawn Madahbee Leach to its board, the company announced Nov. 7 in a press release.
OMS Energy Files for IPO, Reports Revenue Growth
2024-11-06 - Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
2024-11-06 - Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
Twenty Years Ago, Range Jumpstarted the Marcellus Boom
2024-11-06 - Range Resources launched the Appalachia shale rush, and rising domestic power and LNG demand can trigger it to boom again.
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.