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.

Block T Operating LLC retained EnergyNet for the sale of Alabama assets in Choctaw County through a sealed-bid offering closing Nov. 6.

The offer includes operations, royalty interest and overriding royalty interest (ORRI) in a 20 well package plus leasehold, surface and mineral acreage.

Highlights:

  • 100.00% to 77.1384% Working Interest / 77.1384% to 68.4375% Net Revenue Interest in 20 Wells:
    • An Additional 12.416667% to 3.1719% ORRI in 16 Wells
    • An Additional 0.826399% to 0.184824% Royalty Interest in Five Wells
    • 16 Producing Wells | Two Water Disposal Wells | One Water Injection Well | One Shut-In Well
  • Six-Month Average 8/8ths Production: 87 barrels per day of Oil
  • Six-Month Average Net Income: $30,744 per Month
  • 2,532.00 Net HBP Leasehold Acres
  • 43.00 Surface Acres
  • 31.60 Net Mineral Acres
Block T Operating Alabama Asset Map, Choctaw County (Source: EnergyNet)
Block T Operating Alabama Asset Map, Choctaw County (Source: EnergyNet)

For complete due diligence information visit energynet.com or email Michael Baker, vice president of business development, at Michael.Baker@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Onshore