Marketed: Permian Basin ORRI Package, Reagan and Upton Counties, Texas

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.

BE Oil and Gas Properties LLC retained EnergyNet for the sale of a package of overriding royalty interest (ORRI) in the Permian Basin through an auction closing Aug. 24.

The offering includes ORRI in a 13-well package in Reagan and Upton counties, Texas.

Highlights:

• ORRI in 13 Producing Wells:
  • 1.757813% to 0.534716% ORRI
  • 138.00 Net Royalty Acres
• Six-month Average 8/8ths Production: 2,603 bbl/d of Oil and 8,878 Mcf/d of Gas
• Six-month Average Net Income: $46,078/Month
• Operators include Headington Energy Partners LLC and Pioneer Natural Resources USA Inc.

Bids are due by 2:25 p.m. CDT on Aug. 24. 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.