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.
Merit Management Partners I LP retained EnergyNet for the sale of a nonop Kansas package through a sealed-bid offering closing Oct. 30.
The offer comprises of nonoperated working interest in a 16 well package located in Finney and Kearny counties, Kan. The assets are operated by Merit Energy Co., an affiliate of the seller.
The properties constitute a nonoperated minority working interest. According to EnergyNet, the properties are being sold due to the seller's liquidation of legacy partnerships. Merit Energy will retain ownership of the majority working interest and remain operator of the properties.
Highlights:
- 30.0484% Working Interest / 26.2924% Net Revenue Interest in 16 Wells:
- 11 Producing Wells | Five Active Injection Wells
- Six-Month Average 8/8ths Production: 643 barrels per day of Oil
- Seven-Month Average Net Income: $208,893 per Month
- Operator: Merit Energy Co.
Bids are due by 4 p.m. CDT Oct. 30. For complete due diligence information visit energynet.com or email Michael Baker, vice president of business development, at Michael.Baker@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
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