Marketed: Viceroy Petroleum Eagle Ford Shale Package, Karnes County, Texas

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.

Viceroy Petroleum LP retained EnergyNet for the sale of an Eagle Ford Shale opportunity through a sealed-bid offering closing Nov. 10. The offering comprises a five-well package including nonoperated working interest plus leasehold acreage in Karnes County, Texas.

Highlights:

• Nonoperated Working Interest in Five Producing Horizontal Eagle Ford Wells:
  • 50.00% Working Interest / 37.13% Net Revenue Interest in the Dragon 1H Well
  • Average Working Interest ~5.41% / Average Net Revenue Interest ~4.04% in the Four Panozzo Wells
  • Four Future PSA wells with EOG - Anticipated Spud December 2021
  • Six Future Dragon Wells (50% Working Interest) to Drill with Average Lateral Length over 6500ft with Opportunity to Propose Wells
  • Operators: 1776 Energy Operators LLC and EOG Resources Inc.
• Current Average 8/8ths Production: 2,500 bbl/d of Oil and 3,017 Mcf/d of Gas
• Four-month Average Net Income: $222,771/Month
• 230.055 Net Eagle Ford Leasehold Acres
• 246.76 Net Austin Chalk Leasehold Acres

Bids are due at 4 p.m. CST on Nov. 10. For complete due diligence information on any of the packages visit energynet.com or email Zachary Muroff, vice president of business development, at Zachary.Muroff@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.