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.

Wagner Oil Co. has retained EnergyNet for the sale of a 90-property package in various counties in Oklahoma and Texas. The Lot # 119913 package includes operated working interest in 14 properties.  

EnergyNet
(Source: EnergyNet)

Opportunity highlights:

  • Operated WI in 14 Properties:
  • Avg WI ~74.88% / Avg NRI ~59.97%
  • Additional Avg ORRI ~1.95% in 8 of these properties
  • Royalty and Overriding Royalty Interest in 50 Properties:
  • Avg RI/ORRI ~1.22%
  • Non-Operated WI in 25 Wells:
  • Avg WI ~20.95% / Avg NRI ~13.67%
  • Additional Avg ORRI ~1.72% in 3 of these wells
  • 12-Month Average Net Income: $19,879/Month
  • 6-Month Average 8/8ths Production: 144 BOPD and 8,395 MCFPD
  • Select Operators:
  • Blackbeard Operating LLC
  • BP America Production Company
  • Foundation Energy Management LLC
  • XTO Energy Inc.
  • Oklahoma interests are further subject to Oklahoma State Sales Tax.
  • Operator Bond Required.

Bids are due Sept. 11 at 1:50 p.m. CDT. For complete due diligence, please visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.