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.
Moontower Resources LLC retained EnergyNet for the sale of a Wolfcamp Shale opportunity within the Permian Basin through a sealed-bid offering.
The offering comprises operations with 100% gross working interest in seven well plus leasehold acreage in Culberson County, Texas.
Highlights:
- Operations in Seven Wells:
- 100.00% Working Interest / 75.00% Net Revenue Interest
- Three Producing Wells | One Saltwater Disposal Well | One Water Supply Well (Shut-In) | Two Shut-In Wells
- Three-Month Average Net Income: $339,201/Month
- Six-Month Average 8/8ths Production: 4,651 Mcf/d of Gas and 148 bbl/d of Oil
- 6,103.87 Gross/Net Leasehold Acres:
- 1,603.37 Net HBP Leasehold Acres
- 4,500.50 Net Non-Producing Leasehold Acres
- Operator Bond Required
Bids are due by 4 p.m. CST May 26. 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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