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 East Texas properties through auctions closing June 5.
The offer, comprised of two packages, includes operated and nonoperated interest in 34 wells plus roughly 3,275 net leasehold acres in Harrison and Panola counties, Texas.
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.
Lot 56818
EnergyNet has been retained by Maverick Natural Resources to offer for sale a 12-well package (operations) plus 1,507.734 net leasehold acres located in Panola County, Texas.
Highlights:
- 100.00% to 44.40496% Working Interest / 79.75611% to 38.87% Net Revenue Interest in 12 Wells:
- 10 Producing Wells | One Shut-In Well | One Temporarily Abandoned Well
- Six-Month Average 8/8ths Production: 270,000 cubic feet per day of Gas and 4 barrels per day (bbl/d) of Oil
- 12-Month Average Net Income: $5,136 per Month
- 1,507.734 Net Leasehold Acres
Panola County, Texas Asset Map (Source: EnergyNet)
Bids close at 1:30 p.m. CDT June 5.
Lot 56819
EnergyNet has been retained by Maverick Natural Resources to offer for sale a 22-well package (operations and nonoperated working interest) plus 1,768.09 net leasehold acres located in Harrison County, Texas.
Highlights:
- Operated Working Interest in Nine Wells:
- 100.00% to 49.22917% Working Interest / 81.3935% to 40.86021% Net Revenue Interest
- Six Producing Wells | Three Shut-In Wells
- Nonoperated Working Interest in 13 Wells:
- 77.903535% to 24.227% Working Interest / 61.772656% to 17.76419% Net Revenue Interest
- 12 Producing Wells | One Temporarily Abandoned Well
- Operators: Brammer Engineering Inc. and Comstock Resources Inc.
- Six-Month Average 8/8ths Production: 1.052 million cubic feet per day of Gas and 8 bbl/d of Oil
- 10-Month Average Net Income: $8,976 per Month
- 1,768.09 Net Leasehold Acres
Harrison County, Texas Asset Map (Source: EnergyNet)
Bids close at 1:40 p.m. CDT June 5.
Recommended Reading
Oil Prices Jump 4% on Reports of Iran Preparing to Attack Israel
2024-10-01 - An Israeli attack on Iranian oil production or export facilities could cause a material disruption, potentially more than a 1 MMbbl/d.
What's Affecting Oil Prices This Week? (Nov. 18, 2024)
2024-11-18 - For the upcoming week, the price of Brent crude could test its support at $70 and if the price breaks below this level, the price of Brent could fall to $66.
Adkins: Saudi Cuts to Stay, EVs are Overrated and China Matters Less
2024-12-03 - Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.
What's Affecting Oil Prices This Week? (Dec. 9, 2024)
2024-12-09 - For the upcoming week, Stratas Advisors believes the announced delay by OPEC+ will keep the price of Brent crude above $70, but not reach $73.
LNG, Crude Markets and Tariffs Muddy Analysts’ 2025 Outlooks
2024-12-12 - Energy demand is forecast to grow as data centers gobble up more electricity and LNG liquefaction capacity comes online in North America, but gasoline demand may peak by 2025, analysts say.