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.
Caddo Minerals Inc. retained EnergyNet for the sale of a Permian Basin opportunity in Martin County, Texas, through an auction closing May 14.
The offering includes producing mineral and royalty interests in a 13-well package plus two drilled but uncompleted wells.
Highlights:
- Royalty Interest (Producing Minerals) in 13 Producing Wells:
- 0.9375% to 0.247478% Royalty Interest
- Two Drilled Uncompleted Wells
- Current Average 8/8ths Production: 4,281 bbl/d of Oil and 1.886 MMcf/d of Gas
- Four-Month Average Net Income: $21,045 per Month
- Operators include Birch Operations Inc. and DE3 Operating LLC
Bids are due by 4 p.m. CT May 14. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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