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.
Lilis Energy Non-Producing Permian Basin Leasehold Asset Map, Reeves County, Texas (Source: EnergyNet)
Lilis Energy Non-Producing Permian Basin Leasehold Asset Map, Reeves County, Texas (Source: EnergyNet)

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.

Onshore