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:
- 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.
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