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.
Bank of America NA retained EnergyNet for the sale of producing assets within the Permian Basin as agent for The Episcopal Theological Seminary of the Southwest.
The sale, being conducted as an auction, includes mineral and royalty interest in 15 wells in Loving County, Texas.
of the Southwest Asset Map
(Source: EnergyNet)
Highlights:
- Royalty Interests in 15 Producing Wells:
- 0.195312% to 0.065104% Royalty Interest
- 14 Horizontal Wolfcamp Wells
- Current Average 8/8ths Production: 6,472 barrels per day of Oil and 34.088 million cubic feet per day of Gas
- Six-Month Average Net Income: $14,150 per month
- Operators include Anadarko E&P Onshore LLC and Paul Putnam Oil
Bids are due by 2:45 p.m. CDT April 23. For complete due diligence information 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
Crescent Energy Bolts On $905MM Central Eagle Ford Acreage
2024-12-03 - Crescent Energy will purchase Eagle Ford assets from Carnelian Energy Capital Management-backed Ridgemar Energy for $905 million, plus WTI-based contingency payments of up to $170 million.
Talos Sells More of Mexican Subsidiary to Billionaire Carlos Slim
2024-12-17 - Talos Energy has agreed to sell another 30.1% interest in subsidiary Talos Mexico to entities controlled by billionaire Carlos Slim, whose companies also own at least 24% of Talos Energy’s common stock.
Battalion Oil Walks Away from Fury Resources Buyout
2024-12-20 - The Battalion Oil-Fury Resources merger had been in discussions for more than a year, but Battalion said Fury failed to meet financial deadlines to continue the talks.
Vitesse Energy to Buy Bakken Pureplay Lucero in $220MM Deal
2024-12-16 - Vitesse Energy will acquire Lucero Energy’s Bakken/Three Forks assets, including 25 net remaining locations, 1.9 net DUCs and 20 wells that are candidates for recompletions.
DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal
2024-11-19 - ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities.