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.
Lilis Energy Inc. retained EnergyNet for the sale of non-producing Permian Basin leasehold in Reeves County, Texas, through a sealed-bid offering closing Nov. 7.
Highlights:
- 805.00 Gross (804.99 Net) Acres in Section 15, Block C-17, PSL Survey
- 100% of Oil and Gas Leases (Delivering 75% Net Revenue Interest)
- Three-Year Lease Term Expiring March 28, 2020
- 480.00 Gross/Net Acres in Section 23, Block C-17, PSL Survey
- 100% of Oil and Gas Leases (Delivering 75% Net Revenue Interest)
- Three-Year Lease Terms Expiring April 4, 2020 and April 19, 2020
- Nine Offset Rigs
- 319 Offset Permits
- 126 Active | Nine Completed | 116 Drilled/Drilling | 68 Permitted
- 236 (212 Horizontal) Active Producers
- Offset Operators include Centennial Resource Production LLC, MDC Texas Operator LLC and PDC Permian Inc.
Bids are due by 4 p.m. CDT Nov. 7. 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, director of transaction management, at Denna.Arias@energynet.com.
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