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.

EP Energy Permian Basin Asset Map (Source: EnergyNet)
EP Energy Permian Basin Asset Map
(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.

Onshore