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.
Clearly Petroleum OPCO LLC retained EnergyNet for the sale of a Bakken Shale well package in North Dakota through an auction closing Sept. 4.
The offering comprises nonoperated working interest and leasehold acreage located in Burke, Mountrail and Williams counties, N.D.
Highlights:
- 17.557252% to 0.085938% Working Interest / 14.489726% to 0.06875% Net Revenue Interest in 23 Producing Wells:
- Five Wells are After Payout Only
- Six-Month Average 8/8ths Production: 868 barrels per day of Oil and 1.678 million cubic feet per day of Gas
- Six-Month Average Net Cash Flow: $12,280 per Month
- Operators include EOG Resources Inc., Equinor ASA, Oasis Petroleum North America LLC, Petro-Hunt LLC and XTO Energy Inc.
- 890.2105 Net Leasehold Acres
![Clearly Petroleum Bakken Shale Nonop Package Burke, Mountrail and Williams Counties, North Dakota Asset Map (Source: EnergyNet)](/sites/default/files/inline-images/Clearly%20Petroleum%20Bakken%20Shale%20Nonop%20Package%20North%20Dakota%20Asset%20Ma.png)
Clearly Petroleum OPCO LLC is an affiliate of Clearly Petroleum LLC, an independent oil and gas company based in Houston.
Bids are due by 1:30 p.m. Sept. 4. 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.
Recommended Reading
Phillips 66 Buys EPIC’s Permian NGL Midstream Assets for $2.2B
2025-01-07 - Phillips 66 will buy EPIC’s NGL assets, including a 175,000 bbl/d pipeline that links production supplies in the Delaware and Midland basins and the Eagle Ford Shale to Gulf Coast fractionation complexes.
DNOW Closes Cash Acquisition of Water Service Company Trojan Rentals
2024-11-26 - DNOW Inc.’s acquisition of Trojan Rentals LLC is its third purchase aimed at providing a holistic water management solution to the market, the company said.
Martin Midstream Terminates Merger Agreement Following Pushback
2024-12-29 - Martin Midstream Partners will continue operating as a standalone publicly traded company following termination of its deal to merge with Martin Resource Management Corp.
Allete Gets OK From FERC for $6.2B Sale to Canada Pension Plan, GIP
2024-12-20 - Allete Inc. announced its acquisition by the Canada Pension Plan Investment Board and Global Infrastructure Partners in May.
Exxon Mobil Completes Purchase of FPSO Offshore Guyana
2024-12-19 - Exxon Mobil Corp. paid $535 million to SBM Offshore for the FPSO, which will operate the unit through 2033.