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.

FTI Consulting Canada Inc. as receiver and manager of Eagle Hydrocarbons Inc. retained EnergyNet for the sale of a 97-well package in Oklahoma and Texas through a sealed-bid offering closing March 27.

The offering includes operations, nonoperated working interest and overriding royalty interest (ORRI) plus over 25,000 gross (19,000 net) leasehold acres located in Oklahoma's Jackson County and Hardeman and Palo Pinto counties, Texas.

Highlights:

  • Operated Working Interest in 74 Wells:
    • 100.00% to 47.50% Working Interest / 87.50% to 36.575% Net Revenue Interest
    • 44 Producing Wells | Five Saltwater Disposal Wells | 20 Non-Producing Wells | Five Shut-In Wells
  • Nonoperated Working Interest in 14 Wells:
    • 50.00% to 0.75% Working Interest / 42.75% to 0.59% Net Revenue Interest
    • Eight Producing Wells | Six Non-Producing Wells
    • Select Operators include Buffco Production Inc., GLB Exploration Inc. and Lewis Operating Co.
  • ORRI in Nine Producing Wells:
    • 0.69375% ORRI
    • Operator: K & S Oil & Gas Co. LLC
  • 12-Month Average Net Income: $300,163 per Month
  • Six-Month Average 8/8ths Production: 452 barrels per day of Oil and 497,000 cubic feet per day of Gas
  • 25,921.53 Gross (19,157.87 Net) Leasehold Acres:
    • 8,581.87 Net HBP Leasehold Acres
    • 10,576.00 Net Undeveloped Leasehold Acres
Marketed: Eagle Hydrocarbons Oklahoma, Texas 97-well Package

Bids are due by 4 p.m. CT March 27. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.

Onshore