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.
A private seller has retained EnergyNet for the sale of a Williston and Powder River basins 247 well package in Sheridan, Montana, Burke and McKenzie counties, North Dakota and Campbell County, Wyoming. The lot# 114078 package includes a gross production average of 12,000 bbl/ month.
Opportunity highlights:
- Package includes producing conventional oil wells primarily from the Alexander, Dwyer, Flat Lake, Goose Lake, Rival and Rocky Pointe fields
- Op wells average Ownership of ~78% WI & ~60% NRI
- Gross production avg. 12,000 bbl / month
- Avg. gross revenue of $619,400 / month
- ~52,452 net leasehold acres (99% HBP)
- 2024E PDP net production of ~114 Mbbl
- PDP net reserves of 942 MMbbl
- Strong PDP PV10 of $10.5 MM
- Production primarily sourced from Stonewall, Bakken, Ratcliffe, Red River, Madison Pool, Minnelusa reservoirs
- Stable production profile with wells exhibiting average terminal decline of 5%
Bids are due March 12 at 4 p.m. CST. For complete due diligence, please visit energynet.com, or email Ethan House, managing director, at Ethan.House@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
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