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 a package of operated assets in the Texas Panhandle through an auction closing March 18.
The offer includes operations in 10 wells plus leasehold acreage located in Gray, Hemphill, Lipscomb and Ochiltree counties, Texas.
Highlights:
- 100.00% to 70.62503% Working Interest / 81.25% to 57.381683% Net Revenue Interest (Before Payout) in 10 Wells:
- Seven Producing Wells | Three Shut-In Wells
- 12-Month Average Net Income: $14,331 per Month
- Six-Month Average 8/8ths Production: 333,000 cubic feet per day of Gas and 8 barrels per day of Oil
- 4,095.06 Net Leasehold Acres
![Marketed: Grizzly Energy Operated Texas Panhandle Package](/sites/default/files/inline-images/65611_Map.png)
Bids are due by 1:30 p.m. CST March 18. For complete due diligence information visit energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
1Q24 Dividends Declared in the Week of April 29
2024-05-03 - With earnings season in full swing, upstream and midstream companies are declaring quarterly dividends. Here is a selection of dividends announced in the past week.
Baker Hughes Awarded Saudi Pipeline Technology Contract
2024-04-23 - Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions