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.
BASA Resources Inc. retained EnergyNet for the sale of an operated package located in the Permian Basin in an auction closing Dec. 18.
The offer includes operations in a six well package plus HBP leasehold acreage in Lea County, N.M.
Highlights:
- 91.875% to 56.25% Working Interest / 71.824999% to 44.035875% Net Revenue Interest in Six Producing Wells
- Six-Month Average 8/8ths Production: 30 barrels per day of Oil and 31,000 cubic feet per day of Gas
- Nine-Month Average Net Income: $13,784 per Month
- 662.50 Net HBP Leasehold Acres
- Operator: Mulloy Operating Inc.

Bids are due by 2:30 p.m. CST Dec. 18. 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.
Recommended Reading
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
2024-12-02 - Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
DNO Discovers Oil in New Play Offshore Norway
2024-12-02 - DNO ASA estimated gross recoverable resources in the range of 27 MMboe to 57 MMboe.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
2024-12-11 - New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.
DNO Makes Another Norwegian North Sea Discovery
2024-12-17 - DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
Wildcatting is Back: The New Lower 48 Oil Plays
2024-12-15 - Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.