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.

North Texas Oil & Gas LLC retained EnergyNet for the sale of producing assets in Throckmorton County, Texas, through a sealed-bid offering closing May 15.

The offer included interest in producing wells plus leasehold acreage generated more than $500,000 in cash flow a month.

Highlights:

  • 100.00% Working Interest / 80.00% to 75.00% Net Revenue Interest in 25 Wells
  • Six-Month Average 8/8ths Production: 333 barrels per day of Oil and 3.043 million cubic feet per day of Gas
  • 12-Month Average Net Income: $521,602 per Month
  • 12,335.00 Net Leasehold Acres
North Texas Oil & Gas Throckmorton County Property Asset Map (Source: EnergyNet)
North Texas Oil & Gas Throckmorton County Property Asset Map (Source: EnergyNet)

Bids are due by 4 p.m. CDT May 15. 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.