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.
Recommended Reading
Post Oak Backs New Permian Team, But PE Faces Uphill Fundraising Battle
2024-10-11 - As private equity begins the process of recycling inventory, likely to be divested from large-scale mergers, executives acknowledged that raising funds has become increasingly difficult.
Post Oak-backed Quantent Closes Haynesville Deal in North Louisiana
2024-09-09 - Quantent Energy Partners’ initial Haynesville Shale acquisition comes as Post Oak Energy Capital closes an equity commitment for the E&P.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
2024-10-02 - EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
ONEOK Offers $7B in Notes to Fund EnLink, Medallion Midstream Deals
2024-09-11 - ONEOK intends to use the proceeds to fund its previously announced acquisition of Global Infrastructure Partners’ interest in midstream companies EnLink and Medallion.
TC Energy Completes Spinoff of Liquids Pipeline Business South Bow
2024-10-01 - South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.
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.