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.
Midwest Trend Energy LLC retained EnergyNet for the sale of an Appalachian position across Ohio and Indiana through a sealed-bid offering closing Nov. 13.
The offering includes undeveloped leasehold in Sandusky and Wood counties, Ohio, and Wells County, Ind.
Highlights:
- 4,594.37 Gross Acres / 4,335.36 Net Undeveloped Leasehold Acres
- 100% of OGL's (Delivering an Average 87.50% Net Revenue Interest)
- Five-Year Terms with Five-Year Options to Extend on All Acreage
- One Offset Rigs
- 14 Active Offset Permits
- Four Active | Four Drilled/Drilling | One Completed | Five Permitted
- 104 Active Offset Producers
- Select Area Operators include EnerVest Operating LLC, Franklin Gas & Oil Co. LLC, Frantz Enterprises Ltd. and Graham Michaelis Corp.
![Midwest Trend Energy Appalachia Undeveloped Leasehold Indiana Asset Map, Wells County (Source: EnergyNet)](/sites/default/files/inline-images/Midwest%20Trend%20Energy%20Appalachia%20Undeveloped%20Leasehold%20Indiana%20Asset%20Map%20Wells%20County%20Source%20EnergyNet.png)
![Midwest Trend Energy Appalachia Undeveloped Leasehold Ohio Asset Map, Sandusky and Woods Counties (Source: EnergyNet)](/sites/default/files/inline-images/Midwest%20Trend%20Energy%20Appalachia%20Undeveloped%20Leasehold%20Ohio%20Asset%20Map%20Sandusky%20and%20Woods%20Counties%20Source%20EnergyNet.png)
Bids are due by 4 p.m. CDT Nov. 13. For complete due diligence information visit energynet.com or email Emily McGinley, manager of business development, at Emily.McGinley@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
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