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.

American Standard Energy Corp. retained EnergyNet for the sale of a package of Permian Basin assets in Reeves County, Texas, through a sealed-bid offering closing Dec. 5.

The offering includes HBP leasehold acres plus 100% gross working interest with operations and overriding royalty interest (ORRI).

Highlights:

  • 661.00 Gross/Net HBP Leasehold Acres
  • Seven Offset Rigs
  • 255 Active Offset Permits
    • 102 Active | 16 Completed | 85 Drilled/Drilling | 52 Permitted
  • 708 Active Offset Producers
  • Select Area Operators include Carrizo Oil & Gas Inc., Diamondback Energy Inc., EOG Resources Inc., Occidental Petroleum Corp. and Shell Western E&P
  • Potential 100.00% Working Interest / 82.00% - 77.00% Net Revenue Interest in the Producing State #1 Well:
    • Six-Month Average 8/8ths Production: 35,000 cubic feet per day
American Standard Energy Corp Permian Basin Package Asset Map, Reeves County, Texas (Source: EnergyNet)
American Standard Energy Corp Permian Basin Package Asset Map, Reeves County, Texas (Source: EnergyNet)

Bids are due by 4 p.m. Dec. 5. For complete due diligence information visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Onshore