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Mammoth Minerals LLC retained EnergyNet for the sale of a Haynesville Shale/Cotton Valley opportunity through a sealed-bid offering closing Nov. 11.
The offering includes non-producing leasehold interest in Louisiana's Caddo Parish.
Highlights:
- About 2,300.00 Gross/1,774.31518 Net Non-Producing Leasehold Acres
- 100.00% of Oil and Gas Leases (Delivering 75.00% Net Revenue Interest)
- Acreage Expires November 2021 thru September 2023
- 891.1007 Net Acres have 2-Year Option to Extend
- 1,297.31518 Net Fee Leasehold Acres
- 477.00 Net State Leasehold Acres
- Five Offset Rigs
- 80 Offset Permits
- 26 Active | 17 Drilling/DUC | Two Completed | 35 Permitted
- 1,971 Active Offset Producers
- Select Area Operators include Aethon Energy Operating LLC, BPX Operating Co., Comstock Resources, Ensight IV Energy Management LLC, Pine Wave Energy Partners Operating LLC, Rockcliff Energy Operating LLC, Trinity Operating LLC and Sheridan Production Co. III LLC
- Click here for Divestiture Presentation
Bids are due by 4 p.m. CST Nov. 11. 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, vice president of corporate development, at Denna.Arias@energynet.com.
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