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.
Maverick Natural Resources LLC retained EnergyNet for the sale of Permian assets within the Central Basin Platform through an auction closing June 26.
The offer comprises operated working interest and overriding royalty interest (ORRI) in an eight-well package plus HBP leasehold acreage located in Winkler County, Texas.
Highlights:
- Operated Working Interest in Seven Wells:
- 100.00% Working Interest / 75.00% Net Revenue Interest
- Four Producing Wells | One Injection Well | Two Shut-In Wells
- ORRI in the Producing Hogg 2-5 Well:
- 5.18173% ORRI
- Operator: McDonald Energy Inc.
- Six-Month Average 8/8ths Production: 46 barrels per day of Oil and 293,000 cubic feet per day of Gas
- Six-Month Average Net Income: $32,030 per Month
- 1,261.369 Net HBP Leasehold Acres
![Maverick Natural Resources Central Basin Platform Winkler County, Texas Asset Map (Source: EnergyNet)](/sites/default/files/inline-images/Maverick%20Natural%20Resources%20Central%20Basin%20Platform%20Winkler%20County%20Texas%20Asset%20Map%20Source%20EnergyNet.png)
Winkler County, Texas Asset Map (Source: EnergyNet)
Bids are due by 1:40 p.m. CDT June 26. For complete due diligence information 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.
Recommended Reading
TotalEnergies 'Working on' Another Texas Acquisition, Suriname FID- CEO
2024-07-25 - TotalEnergies expects to take a final investment decision on Suriname Block 58 in the second half of 2024 while searching for its next acquisition in Texas.
H&P’s $2B KCA Deutag Deal Positions Driller as Global Powerhouse
2024-07-25 - Helmerich & Payne’s acquisition of U.K. service company KCA Deutag will expand its international reach, particularly in the Middle East, as well as its onshore presence in the U.S.
Dividends Declared in the Week of July 22
2024-07-25 - Second quarter earnings are underway, and companies are declaring dividends.
NextDecade Appoints Former Exxon Mobil Executive Tarik Skeik as COO
2024-07-25 - Tarik Skeik will take up NextDecade's COO reins roughly two months after the company disclosed it had doubts about remaining a “going concern.”
AI & Generative AI Now Standard in Oil & Gas Solutions
2024-07-25 - From predictive maintenance to production optimization, AI is ushering in a new era for oil and gas.