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.
Stapleton Group LLC, as court-appointed receiver, has retained EnergyNet for the sale of 51,816 non-producing net mineral acres in Walker, Montgomery and San Jacinto counties, Texas. The lot# 119935 package includes a net production of 17 bbl/d of oil and 31 MMcf/d of natural gas.
Opportunity Highlights:
- ~51,816.30 Net Acres of Non-Producing Minerals
- Royalty/Mineral Interest in 5 Currently Producing Properties:
- Avg. RI ~9.38%
- 6-Month Average:
- 8/8ths Production: 137 bbl/d of oil and 245 MMcf/d of natural gas
- Net Production: 17 bbl/d of oil and 31 MMcf/d of natural gas
- 8-Month Net Revenue: $30,780/Month
- Operators:
- Cobra Oil & Gas Corporation
- Paleo Oil Company LLC
- T-C Oil Company, LLC
Bids are due at 1:35 p.m. CDT on Oct. 24. For complete due diligence, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com, or Emily McGinley, director of business development, at Emily.McGinley@energynet.com.
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