Marketed: Grizzly Energy Anadarko Basin Northwest Oklahoma Package

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.

Grizzly Energy LLC retained EnergyNet for the sale of Anadarko Basin assets in northwest Oklahoma through a sealed-bid offering closing March 25.

The offering includes operations, nonoperated working interest and overriding royalty interest (ORRI) in a 10-well package plus leasehold acreage located in Oklahoma's Custer, Ellis, Roger Mills and Texas counties.

Highlights:

• Operations in Six Wells:
  • 100.00% to 37.50% Working Interest / 78.0313% to 28.875% Net Revenue Interest
  • Three Producing Wells | Three Shut-In Wells
  • An Additional ORRI in Three Wells
• Nonoperated Working Interest in Three Wells:
  • 34.972476% to 1.038711% Working Interest / 27.872032% to 0.59172% Net Revenue Interest
  • Two Producing Wells | One Non-Producing Well
  • An Additional ORRI in All Three Wells
  • Operators include Excalibur Resources LLC, Smith L & L Energy Corp. and Templar Operating LLC
• ORRI in the BMB 3H-6 Producing Well:
  • 4.405325% ORRI
  • Operator: Templar Operating, LLC
• Six-Month Average Net Income: $7,427/Month
• Six-Month Average 8/8ths Production: 25 barrels per day of Oil and 342,000 cubic feet per day of Gas
• 1,769.012 Net Leasehold Acres

Bids are due by 4 p.m. CT March 25. 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.