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.
Santo Petroleum LLC retained EnergyNet for the sale of a Permian Basin / Wolfcamp Shale opportunity in New Mexico’s Lea County. The sealed-bid offering comprises a three well package with operations plus HBP leasehold acreage.
Highlights:
- 55.00% Working Interest / 42.50% Net Revenue Interest in the Producing Ocotillo Sunrise 401H and 411H Wells
- 50.00% Working Interest / 37.50% Net Revenue Interest in the Producing Ocotillo Sunrise 15 WA AP Fee 2H Well
- Six-month Average 8/8ths Production: 342 bbl/d of oil and 432 Mcf/d of gas
- Six-month Average Net Income: $323,180/Month
- 160.00 Net HBP Leasehold Acres
- Operator Bond Required
Bids are due at 4 p.m. CDT on April 14. For complete due diligence information visit indigo.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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