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.
EnergyNet has been retained by Horst Grosspeter as trustee for Grosspeter Vierte Vermoegensverwaltungs GmbH & Co. KG as mortgagee and secured party for the sale of an eight well package and one saltwater disposal well with operations in Dimmit County, Texas, through a sealed-bid offering.
Highlights:
- Operated Working Interest in Nine Wells:
- 100.00% Working Interest / 72.50% Net Revenue Interest in the M.B. Adams and M.B. Korn Leases
- 30.00% Working Interest / 21.60% Net Revenue Interest in the Bowman McLean "B" #2 Well
- Four Producing Wells | One Saltwater Disposal | Four Shut-in Wells
- Six-month Average 8/8ths Production: 30 bbl/d of Oil
- Estimated Monthly Revenues: ~$34,000/Month
- Operator: Black Gold Operating Co LLC
- Operator Bond Required
Bids are due at 4 p.m. CST on Feb. 1. 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.
Recommended Reading
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
2025-01-15 - Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
Spartan Delta Ups Bought Deal Financing to $59MM
2025-01-14 - Underwriters have agreed to purchase approximately 22.2 million of Spartan Delta Corp. common shares, for resale to the public, at CA$3.82 per share (US$2.66), the company said.
Riverstone’s Leuschen Plans to IPO Methane-Mitigation-Focused SPAC
2025-01-14 - The SPAC will be Riverstone Holdings co-founder David Leuschen’s eighth, following the Permian Basin’s Centennial Resources, the Anadarko’s Alta Mesa Holdings and the Montney’s Hammerhead Resources.
Gigablue Enters CCS Agreement with Investment Firm SkiesFifty
2025-01-14 - Carbon removal company and investment firm SkiesFifty have partnered to sequester 200,000 tons of CO2 over the next four years.
Colonial Shuts Pipeline Due to Potential Gasoline Leak
2025-01-14 - Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Jan. 14 it was responding to a report of a potential gasoline leak in Paulding County, Georgia and that one of its mainlines was temporarily shut down.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.