Marketed: BP Powder River Basin Leasehold, Mineral Acreage

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.

BP America Production Co. retained EnergyNet for the sale of Powder River Basin properties in Wyoming through a sealed-bid offering closing May 16.

The offer, comprised of two packages, includes over 20,000 net leasehold and mineral acres plus royalties across Campbell, Converse, Johnson, Natrona and Niobrara counties, Wyo.

Property 57169 Highlights

Campbell, Converse, Johnson, Natrona and Niobrara counties in Wyoming

• About 21,542 Net Leasehold and Mineral Acres:
  • About 18,516 Net Acres HBP
    • 3,681 Net Acres Under Active Development
    • 2,447 Net Acres HBP with Associated Overriding Royalty Interest (ORRI)
  • Roughly 3,025 Net Mineral Acres (307.89 Producing Net Mineral Acres)
• ORRI and Royalty Interest in 30 Wells:
  • 6.25% to 0.097835% ORRI in 22 Wells
  • 12.5% Royalty Interest in 2 Wells
  • 25 Producing Wells | Two Waiting on Completion | One Shut-In Well
  • Two Lightning Creek Unit Wells have been Spud
• Six-Month Average 8/8ths Production: 1,292 barrels per day  (bbl/d) of Oil and 1.919 million cubic feet per day of Gas
• Select Operators include Anadarko E&P Onshore LLC, Anschutz Oil Co., Samson Resources and Wold Energy Partners LLC

Property 57170 Highlights

Natrona County, Wyo.

• 0.282043% ORRI in the Salt Creek Unit
• Six-Month Average 8/8ths Production: 6,486 bbl/d of Oil
• Six-Month Average Net Income: $41,847 per Month
• Operator: FDL Operating LLC

Bids are due by 4 p.m. CDT May 16. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.