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.

Nadel and Gussman NV LLC retained EnergyNet for the sale of non-producing leasehold interest in Oklahoma across Latimer, Atoka and Pittsburg counties through an auction.

The offer comprises nearly 5,000 net non-producing leasehold acres with thousands of active offset producers including horizontal Woodford and Hartshorne wells.

Highlights:

Nadel And Gussman Oklahoma Leasehold Asset Map (Source: EnergyNet)
Source: EnergyNet
  • 4,935.27 Net Non-Producing Leasehold Acres
    • 100% of Oil and Gas Leases (OGL's) (Delivering 87.50% to 81.25% Net Revenue Interest)
    • Three-Year Term with Two-Year Option to Extend on 4,780.27 Net Acres
    • Five-Year Term on 155.00 Net Acres
  • Six Offset Permits
    • Two Active | Three Permitted
  • 1,986 Active Offset Producers
    • 33 Horizontal Hartshorne | 405 Horizontal Woodford
  • Area Operators include BP American Production Co., BRG Petroleum LLC, Matador Production Co., Mustang Fuel Corp., Newfield Exploration Mid-Con Inc. and XTO Energy Inc.

Bids are due at 1:50 p.m. CST April 10. For complete due diligence information energynet.com or email Emily McGinley, manager of business development, at Emily.McGinley@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Nadel and Gussman NV is a Tulsa, Okla.-based E&P backed by Post Oak Energy Capital.

Onshore