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.
Caddo Minerals Inc., as agent for Bluestem Royalty Partners LP, retained EnergyNet for the sale of producing mineral and royalty interests within the Permian Basin in Martin County, Texas, through an auction closing April 16.
The offer includes interest in a seven-well package operated by an affiliate of Pioneer Natural Resources Co.
Highlights:
- 0.46875% to 0.242578% Royalty Interest (Producing Minerals) in seven Producing Wells
- Current Average 8/8ths Production: 5,563 bbl/d of Oil and 3.294 MMcf/d of Gas
- Four-Month Average Net Income: $21,532 per Month
- Operator: Pioneer Natural Resources USA Inc.
Bids are due by 2:50 p.m. CT April 16. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
Rising Phoenix Names Executive as New Director of Capital
2024-12-19 - Rising Phoenix Capital appointed Ben Fujihara, a tenured financial executive, to oversee the company’s capital strategy, investor relations and business development.
Matador Appoints Paul W. Harvey to Board
2025-01-29 - Harvey holds over 40 years of investment experience and is currently the private wealth adviser at Dallas-based Vaquero Private Wealth.
Spartan Delta Ups Bought Deal Financing to $59MM
2025-01-14 - Underwriters have agreed to purchase approximately 22.2 million of Spartan Delta Corp. common shares, for resale to the public, at CA$3.82 per share (US$2.66), the company said.
Magnolia’s Board Adds Ropp as Independent Director
2025-01-07 - Alongside his experience in oil and gas operations, R. Lewis Ropp has a background in finance, capital markets and investment management, Magnolia Oil & Gas said.