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Stone Hill Minerals Holdings LLC retained EnergyNet for the sale of a southwest Appalachia package in the Marcellus and Utica shale plays.
The offering, Lot 97930, comprises of a 123-well package including 63 PDP wells, 13 DUCs and 47 PUD locations located in West Virginia’s Monongalia and Tyler counties and Washington County in Pennsylvania.
Highlights:
- 457 Producing Net Royalty Acres
- 63 PDP Wells
- 13 DUCs
- 47 PUDs
- Six-month Average Free Cash Flow: $213,993/Month
- Six-month Average 8/8ths Production: 394,258 Mcf/d of Gas and 903 bbl/d of Oil
- Operators: Antero Resources, Northeast Natural Energy, Range Resources, Southwestern Energy and CNX Resources
Bids are due for the sealed-bid offering at 4 p.m. CDT on Oct. 13. For complete due diligence information visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
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