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.
Robert L. Bayless Producer LLC retained EnergyNet for the sale of its eight well package in Uintah County, Utah. The Lot# 114353 package includes a 6-month average net income of $71,256/ month.
Opportunity highlights:
- Non-Operated Working Interest in 8 Wells:
- Avg WI ~48.91% / Avg NRI ~39.19%
- Operator: Finley Resources, Inc.
- 6-Month Average Net Income: $71,256/Month
- 6-Month Average 8/8ths Production: 126 BOPD and 146 MCFPD
- 6-Month Average Net Production: 64 BOED (80% Oil)
- 157.00 Net HBP Leasehold Acres
Bids are due Feb. 22 at 4 p.m. CST. For complete due diligence, please visit energynet.com or email Reilly Bliton, managing director, at Reilly.Bliton@energynet.com.
Recommended Reading
Ovintiv to Divest Permian Assets Amidst M&A Rumors
2024-10-02 - Ovintiv is marketing assets in the Permian Basin amidst rumors that the Denver-based E&P is looking to join in on the M&A frenzy.
Ovintiv Swaps the Uinta for Montney in Multiple M&A Moves
2024-11-15 - Ovintiv is expanding greatly in the Canadian Montney Shale play through a US$2.38 billion deal with Paramount Resources and exiting the newly booming Uinta Basin in Utah with a $2 billion sale to FourPoint Resources.
Mach Units Fall 12% After Announcing Offering to Finance M&A Deals
2024-09-05 - Mach Natural Resources (MNR) units are trading down over 12% after announcing plans to sell 7.85 million common units to fund two pending acquisitions in the Midcontinent.
SM Energy, NOG Close $2.6 Billion in Uinta Basin Acquisitions
2024-10-02 - SM Energy and Northern Oil and Gas have closed the acquisitions of XCL Resources and Altamont Energy, adding hundreds of locations and oil cuts of 86% to 87%.
Matador Closes $1.8B Ameredev Deal, Updates Asset Development Plans
2024-09-19 - Matador Resources’ $1.83 billion bolt-on acquisition of the Delaware Basin’s Ameredev II adds 33,500 acres and brings the company’s inventory to approximately 2,000 net locations.
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.