Marketed: Permian Basin Northwest Shelf Operated Working Interest Package

The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Delta CO2 LLC retained the Oil & Gas Asset Clearinghouse LLC to market for sale its operating working interest in the Northern Shelf of the Permian Basin. The offering consists of two areas in Gaines and Yoakum counties, Texas, which can be bid on separately or as a whole.

Area 1 Overview:

• 19 PDP wells, average ownership 87% Working Interest / 70% Net Revenue Interest
• 96 gross (48 net) bbl/d of oil production
• 1,683 Gross Acres
• Producing from the San Andreas, Wichita Albany
• ~$68,638 / month Operating income (January 2021)
• $3.4 million PV-15 evaluation

Area 2 Overview:

• 32 wells in a waterflood, 13 injection wells
• Average ownership 83% Working Interest / 63% Net Revenue Interest
• 47 gross (25 net) bbl/d of oil production
• 670 Gross Acres
• Producing from the San Andreas
• ~$30,100 / month Operating income (January 2021)
• $983,000 PV-15 evaluation

Bids are due May 27. The transaction is expected to have a May 1 effective date.

A virtual data room is available. For information visit ogclearinghouse.com or contact Bo Wagner at bwagner@ogclearinghouse.com or 972-702-1760.