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.
Sue-Ann Operating LC retained EnergyNet for the sale of a Mohat Field opportunity along the Texas Gulf Coast in Colorado County through a sealed-bid offering closing Aug. 5.
Highlights:
- Operations in the Sheridan Lease:
- 100.00% WI / 71.60% NRI
- Two Producing Wells | One Saltwater Disposal Well
- Six-month Average 8/8ths Production: 102 bbl/d of Oil
- Current Rate: 110 bbl/d of Oil
- Six-month Average Net Income: $86,332/Month
- June Cash Flow: ~$140,000
- 88.00 Gross/Net HBP Leasehold Acres
- Operator Bond Required
- Deed of Trust to be Released at Closing
Bids are due at 4 p.m. CST on Aug. 5. For complete due diligence information on any of the packages visit 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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