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.
Sabine Oil and Gas Corp., as trustee for the Forest Oil Corp. Pension Trust, retained EnergyNet for the sale property package in Upton County, Texas, through an auction. The package includes royalty interest in 25 producing properties operated by affiliates of ConocoPhillips Co. and Exxon Mobil Corp.
Opportunity Highlights:
- Royalty Interest in 25 Producing Properties
- 1.07% to 0.01% Royalty Interest
- Six-month Average Net Income: $21,716/Month
- Six-month Average 8/8ths Production: 11,012 bbl/d of oil and 52,109 Mcf/d of gas
- Operators: COG Operating LLC and XTO Energy Inc.
The auction, Lot# 96701, closes at 2:40 p.m. CDT Aug. 16. For complete due diligence information visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
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