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.
Bro Energy LLC retained EnergyNet for the sale of multiple packages across New Mexico and Wyoming through sealed-bid offerings.
The offering comprises more than 21,000 net leasehold acres including acreage within the Permian and Green River basins.
Permian Basin - Eddy County, N.M.
Non-Producing Leasehold (1,472.74 Gross/Net Acres)
Highlights:
- Lot 53477: Non-Producing Leasehold (793.53 Gross/Net Acres); Section 2-T26S-R23E
- Lot 53479: Non-Producing Leasehold (320.00 Gross/Net Acres); E/2 of Section 16-T26S-R23E
- Lot 53483: Non-Producing Leasehold (40.00 Gross/Net Acres); NE/4 SW/4 of Section 11-T16S-R31E
- Lot 53486: Non-Producing Leasehold (80.00 Gross/Net Acres); E/2 NE/4 of Section 7-T21S-R23E
- Lot 53487: Non-Producing Leasehold (79.21 Gross/Net Acres); Lots 1 & 2 of Section 31-T20S-R24E
- Lot 53488: Non-Producing Leasehold (160.00 Gross/Net Acres); W/2 W/2 of Section 21-T16S-R31E
Permian Basin - Chaves County, N.M.
Non-Producing Leasehold (880.38 Gross/Net Acres)
Highlights:
- Lot 53480: Non-Producing Leasehold (320.00 Gross/Net Acres); SE/4 of Section 10 & SW/4 of Section 11-T3S-R27E
- Lot 53490: Non-Producing Leasehold (240.38 Gross/Net Acres); Lots 1, 2 & 3 and S/2 NE/4 of Section 1-T13S-R31E
- Lot 53491: Non-Producing Leasehold (320.00 Gross/Net Acres); E/2 of Section 11-T13S-R31E
Permian Basin - Lea County, N.M.
Non-Producing Leasehold (2,571.56 Gross/Net Acres)
Highlights:
- Lot 53475: Non-Producing Leasehold (320.00 Gross/Net Acres); SW/4 NW/4, SW/4 of Section 35-T25S-R36E
- Lot 53478: Non-Producing Leasehold (320.00 Gross/Net Acres); S/2 of Section 36-T23S-R37E
- Lot 53481: Non-Producing Leasehold (331.56 Gross/Net Acres); Lots 3, 4, E/2 SW/4, SE/4 of Section 19-T15S-R32E
- Lot 53482: Non-Producing Leasehold (320.00 Gross/Net Acres); W/2 of Section 22-T10S-R33E
- Lot 53484: Non-Producing Leasehold (160.00 Gross/Net Acres); E/2 E/2 of Section 31-T10S-R32E
- Lot 53485: Non-Producing Leasehold (320 Gross/Net Acres); W/2 of Section 20-T09S-R32E
- Lot 53489: Non-Producing Leasehold (640.00 Gross/Net Acres); Section 18-T23S-R38E
- Lot 53492: Non-Producing Leasehold (160.00 Gross/Net Acres); S/2 S/2 of Section 6-T15S-R38E
Green River Basin - Carbon, Fremont and Sweetwater counties, Wyo.
Non-Producing Leasehold of about 17,195 Gross (16,795 Net) Acres
Highlights Lot 53493:
- 17,195.36 Gross (16,795.36 Net) Non-Producing Federal and State Leasehold Acres
- Sweetwater County
- 7,950.15 Net Federal Leasehold Acreage; 7,465.21 Net State Leasehold Acreage
- Fremont County
- 640.00 Net State Leasehold Acreage
- Carbon County
- 640.00 Net State Leasehold Acreage
- Sweetwater County
- 100% of Oil and Gas Leases (Delivering 80.00% Net Revenue Interest)
- Five Offset Rigs
- 310 Active Offset Permits
Bids are due by 4 p.m. CST April 5. For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Kimmeridge Texas Gas Prices $500MM in Senior Notes Offering
2025-01-09 - Kimmeridge Texas Gas said the senior unsecured notes will be used to repay a portion of outstanding revolver borrowings and support the buildout of the company.
Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers
2024-11-27 - Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.
E&P Consolidation Ripples Through Energy Finance Providers
2024-11-29 - Panel: The pool of financial companies catering to oil and gas companies has shrunk along with the number of E&Ps.
Artificial Lift Firm Flowco Seeks ~$2B Valuation with IPO
2025-01-07 - U.S. artificial lift services provider Flowco Holdings is planning an IPO that could value the company at about $2 billion, according to regulatory filings.
Chevron Targets Up to $8B in Free Cash Flow Growth Next Year, CEO Says
2025-01-08 - The No. 2 U.S. oil producer expects results to benefit from the start of new or expanded oil production projects in Kazakhstan, U.S. shale and the offshore U.S. Gulf of Mexico.