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.
Native-Legacy Partners LLC retained EnergyNet for the sale of Oklahoma mineral assets, including in the Stack Play, in multiple auctions closing July 2.
The offer, comprised of three packages, includes producing mineral and royalty interests plus non-producing minerals. Assets are located in Blaine, Canadian and Custer counties, Okla. Operators include Cimarex Energy Co., Devon Energy Corp. and others.
Native-Legacy Partners is an affiliate of Oklahoma City-based Native Oil & Gas LLC. 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.
Lot 56647
EnergyNet has been retained by Native-Legacy Partners for the sale of a seven-well package (producing mineral interest/royalty interest - 155.54 net mineral acres) located in Blaine County, Okla.
Highlights:
- 155.539689 Producing Net Mineral Acres:
- 1.5191093% to 0.077808% Royalty Interest in Seven Producing Wells
- Six-Month Average 8/8ths Production: 191 barrels per day (bbl/d) of Oil and 2.245 million cubic feet per day (MMcf/d) of Gas
- Five-Month Average Net Income: $1,864 per Month
- Operators include Cimarex Energy Co., Council Oak Resources LLC, Devon Energy Production Co. LP, Mustang Fuel Corp. and Newfield Exploration Mid-Continent Inc.
Bids close at 2:10 p.m. CDT July 2.
Lot 56711
EnergyNet has been retained by Native-Legacy Partners for the sale of the Dagonet 1-18-19XH (producing mineral interest/royalty interest - 75.70 net mineral acres) plus non-producing minerals (137.00 net mineral acres) located in Custer County, Okla.
Highlights:
- 155.539689 Producing Net Mineral Acres:
- 1.5191093% to 0.077808% Royalty Interest in Seven Producing Wells
- Six-Month Average 8/8ths Production: 191 bbl/d of Oil and 2.245 MMcf/d of Gas
- Five-Month Average Net Income: $1,864 per Month
- Operators include Cimarex Energy Co., Council Oak Resources LLC, Devon Energy Production Co. LP, Mustang Fuel Corp. and Newfield Exploration Mid-Continent Inc.
Bids close at 2:15 p.m. CDT July 2.
Lot 56668
EnergyNet has been retained by Native-Legacy Partners for the sale of a nine-well package (producing mineral interest/royalty interest - 61.399186 net mineral acres) plus non-producing minerals (80.00 net mineral acres) located in Canadian County, Okla.
Highlights:
- 61.399186 Net Producing Minerals
- 0.5833% to 0.01328% Royalty Interest in Nine Wells
- Current Average 8/8ths Production: 848 bbl/d of Oil and 2.758 MMcf/d of Gas
- Six-Month Average Net Cash Flow: $2,194 per Month
- 80.00 Net Non-Producing Leased Minerals
- Lease in Primary Term | Expiration - July 11, 2021
- 46 Offset Permits
- 360 Active Offset Producers (174 Horizontal)
- Select Area Operators include Cimarex Energy Co., Devon Energy Production Co. LP, Marathon Oil Co. and Newfield Exploration Mid-Con Inc.
Bids close at 2:25 p.m. CDT July 2.
Recommended Reading
NatGas Pundits Pitch Fossil Fuel Reliability to Meet Needs of Big Tech
2024-11-13 - Executives from CNX Resources, AMP and Hines say natural gas has what it takes to meet growing electricity needs of data centers.
Exxon to Sell Older Permian Assets to Hilcorp in $1B Deal, Sources Say
2024-11-13 - Reuters reported in June that Exxon was auctioning the assets to focus on higher growth shale drilling properties, following the completion of its $60 billion takeover of Pioneer Natural Resources in May.
2024 E&P Meritorious Engineering Awards for Innovation
2024-11-12 - Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
Gradiant’s alkaLi Says EC2 Tech Hits 97% Lithium Recovery
2024-11-12 - alkaLi, a spin-out of water treatment company Gradiant, said its EC2 technology is guaranteed to achieve over 95% lithium recovery for battery-grade conversion.
Liberty Energy’s Chris Wright is Harold Hamm's Top Choice for Energy Secretary
2024-11-12 - Energy policy influencer and founder of wildcatter Continental Resources Harold Hamm told Hart Energy that North Dakota Gov. Doug Burgum is also on his short list.