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Rocky Creek Resources LLC retained EnergyNet for the sale of an Eagle Ford Shale opportunity located in South Texas in DeWitt County through a sealed-bid offering closing on April 6.
The asset offers an attractive opportunity, according to EnergyNet, to acquire about 2,750 net acres spanning the condensate gas window of the Eagle Ford Shale with stable-cash flow due to efficient operations and advantaged marketing agreements plus potential for additional development expansion.
Highlights:
- Operations in the Producing Brazzeal 1H Well:
- 100.00% Working Interest / 75% Net Revenue Interest
- Six-month Average 8/8ths Production: 879 Mcf/d of gas, 68 bbl/d of oil and 118 bbl/d of NGL
- Six-month Average Net Production: 659 Mcf/d of gas, 51 bbl/d of oil and 88 bbl/d of NGL
- Six-month Average Net Income: $213,952/Month
- 2,938.38 Gross / 2,751 Net Leasehold Acres
- 913.52 HBP Acres
- Select Offset Operators: ConocoPhillips, Devon Energy Production Co. LP, EOG Resources Inc. and Silverbow Resources Operating LLC
- Operator Bond Required
Bids are due at 4 p.m. CDT on April 6. For complete due diligence information 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.
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