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.
EP Energy E&P Co. LP retained EnergyNet for the sale of operated Permian Basin assets located in Crockett County, Texas, through an auction.
The offer includes an operated 100% gross working interest in two wells plus 1,290.00 gross/net HBP leasehold acres.
(Source: EnergyNet)
Highlights:
- 100.00% Working Interest / 75.00% Net Revenue Interest in the Producing Bean Ranch UV-34 1H Well:
- 90.00% Working Interest / 67.50% Net Revenue Interest After Payout
- 100.00% Working Interest / 75.00% Net Revenue Interest in the Producing Double T Ranch OP-69 2H Well
- 12-Month Average Net Income: $47,076 per month
- Six-Month Average 8/8ths Production: 649,000 cubic feet per day of Gas and 13 barrels per day of Oil
- 1,290.00 Gross/Net HBP Leasehold Acre
Bids are due at 1:35 p.m. CDT April 24. 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.
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