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.
Sage Natural Resources LLC retained EnergyNet for the sale of a 34 package (ORRI) in Tarrant and Wise counties, Texas. The Lot#114737 package includes a 6- month average net income of $298,277 per month.
Opportunity highlights:
- Overriding Royalty Interest in 34 Wells:
- 10.00% ORRI in 5 Wells
- 3.00% ORRI in 29 Wells
- Wellbore Only
- 6-Month Average Net Income: $298,277/Month
- 6-Month Average 8/8ths Production: 41,488 MCFPD and 438 BOPD
- 6-Month Average Net Production: 1,963 MCFPD and 35 BOPD
Operator: Sage Natural Resources LLC
Bids are due Feb. 15 at 2 p.m. CST. For complete due diligence, please visit energynet.com or email Ethan House, managing director, at Ethan.House@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
Recommended Reading
Kosmos Breaks Off Talks to Acquire UK’s Tullow
2024-12-17 - Kosmos Energy Ltd. gave no reason for breaking off acquisition talks with Tullow Oil, which the companies had said were at a preliminary stage.
Logan Energy Closes Gran Tierra Joint Venture Acquisition
2024-12-18 - Logan Energy Corp. paid approximately $37 million for 50% working interests in Gran Tierra’s Simonette Montney assets and will assume operatorship.
Surge Closes on Divestment of Alberta Non-Core Gas Assets
2024-12-20 - Surge Energy said it has focused on developing its core Sparky and southeast Saskatchewan crude oil assets, leaving the Alberta non-core assets undercapitalized.
LandBridge Closes Deal for 46,000 Surface Acres in Delaware Basin
2024-12-20 - LandBridge Co., which held a successful IPO in August, added about 53,000 acres and now holds about 273,000 acres.
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
2025-01-31 - Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
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.