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.

EnergyNet
(Source: EnergyNet)

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.