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Royalty Interests Partnership LP and Saxet Minerals LLC retained EnergyNet for the sale of multiple packages of producing mineral and royalty assets in Oklahoma's Blaine and Kingfisher counties through auctions closing March 31.
Royalty Interests Partnership and Saxet Minerals are affiliates of Houston-based Saxet Petroleum Inc.
For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Lot 65776—Blaine County, Okla.
Highlights:
- 189.07 Net Producing Mineral Acres
- 3.314596% to 0.007047% Royalty Interest in 15 Wells:
- 12 Producing Wells | Three Non-Producing Wells
- Additional Interest in the Permitted Hershey 2-23-29 1717MHX Well
- Six-Month Average 8/8ths Production: 515 barrels per day (bbl/d) of Oil and 8.821 million cubic feet per day (MMcf/d) of Gas
- Six-Month Average Net Income: $6,910 per Month
- Select Operators include Basin Operating Services II LLC, Devon Energy Production Co. LP, Riviera Operating LLC and Triumph Energy Partners LLC
- Further Subject to Documentary Stamp Fees
Bids are due by 2:40 p.m. CT March 31.
Lot 65777—Kingfisher County, Okla.
Highlights:
- 115.41 Net Producing Mineral Acres
- 0.732422% to 0.019267% Royalty Interest in 18 Producing Wells
- Current Average 8/8ths Production: 2,093 bbl/d of Oil and 18.355 MMcf/d of Gas
- Six-Month Average Net Income: $8,647 per Month
- Operators include Chisholm Oil & Gas Operating LLC, Citizen Energy III LLC and Ovintiv Mid-Continent Inc.
- Further Subject to Documentary Stamp Fees
Bids are due at 2:45 p.m. CT March 31.
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