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.
![Marketed: Producing Permian Royalties in Pioneer-operated Wells](/sites/default/files/inline-images/66162_Map.png)
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
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.
Delek Logistics Offering Senior Notes to Pay Off Debt
2024-08-15 - Delek Logistics Partners and its subsidiary plan to use the net proceeds from the senior notes offering to pay off a portion of the outstanding borrowings from its credit facility.
Dividends Declared in the Week of July 22
2024-07-25 - Second quarter earnings are underway, and companies are declaring dividends.
Dividends Declared in the Week of Aug. 2
2024-08-02 - Here is a selection of dividends declared for the week of Aug. 2 for a selection of upstream, midstream and service & supply companies.
Trans Mountain Appoints New CEO, President
2024-08-23 - Trans Mountain appointed Mark Maki to CEO, succeeding Dawn Farrell who will now be chairman of the board.